Saudi Aramco has signed a series of contracts worth US$57mn with Saudi Steel Pipes (SSP) for the supply of welded steel pipes used in the lining of oil wells and gas pipelines
Manufacturing
SABIC invites bids for its polyacetal plant
Saudi Basic Industries Corp (SABIC) has invited bids for the construction of a polyacetal plant at its affiliate Ibn Sina in Jubail
Emal to raise US$4 billion to finance expansion plans
Emirates Aluminium (Emal) is seeking to raise US$4bn to finance expansion, according to a banker familiar with the plan
Amarinth secures US$5.5 million in Abu Dhabi orders
Centrifugal pump manufacturer Amarinth has been granted US$5.5mn worth of orders from Abu Dhabi-based National Petroleum Construction Company (NPCC) for two major offshore and onshore projects
Feasibility studies completed on Iran?s airplane plan
Feasibility studies of Irans national plan to build airplanes with the capacity to carry 150 passengers have been completed, according to an Iranian official