The US$700 mn ArcelorMittal plant will produce 600,000 metric tonnes of pipes a year.
The Saudi unit of ArcelorMittal will start producing in the first half of 2012 at its new mill at Jubail.
The new Hidd factory will specialise in the production of air conditioners.
US-based Goodman Manufacturing has signed an agreement with Awal Gulf, Bahrain for the manufacture and supply of high quality air conditioners (AC).
Emirates Steel has invited bids for Phase 3 of the company?s expansion project which will comprise a steel melting plant, a hot rolled coil (HRC) mill and ancillaries.
Alstom, the world?s leading supplier of air quality control equipment, has secured contracts worth over US$144mn for air quality control equipment in the Middle East.
Jindal Steel & Power Limited (JSPL) has raised US$475mn in India to fund its expansion programme at its Jindal Shadeed Iron and Steel plant in Sohar, Oman.
