Honeywell announced that it has been selected by Samsung Engineering Co., Ltd. to deliver an integrated process control system for FERTIL-2, a new fertiliser plant being built near Abu Dhabi in the United Arab Emirates.
The Gulf Organisation for Industrial Consulting (GOIC) is looking at establishing four manufacturing industries in Qatar to increase smoother integration between the GCC states.
Rusal, the worlds largest aluminium producer, said that it sees steady output growth in 2011 for aluminium, driven by strong demand from China and a rebound in North America.
Maaden, The Saudi Arabian Mining Company, signed financing contract on two joint ventures with Alcoa Inc. worth US$2.1 billion with the Public Investment Fund (PIF).
A report by Deloitte said that in terms of production and investment opportunity, the Middle East is set to become a key player in the metals and mining industry.
