Annaba will receive funding from Banque Exterieure dAlgerie to help increase steel production (Image source: ArcelorMittal)
ArcelorMittals Algerian subsidiary, Annaba, has signed a funding agreement with Banque Exterieure dAlgerie (BEA) that will lead to increased steel production within the country
The Dow Chemical Company will build a new manufacturing facility in Jubail Industrial City for its Dow Coating Materials (DCM) business unit in Saudi Arabia.
Emirates Aluminium (Emal) is set to double its exports to the US by the end of 2012 due to growing demand, said the companys president and chief executive.
Siemens to expand its presence in Saudi with a land lease deal.
Siemens Energy signed a land lease agreement with Saudi Industrial Property Authority (MODON) that will see the German company build a US$3mn manufacturing and service facility in Dammam Industry City.
Maaden JV awards Hyundai US$1.5 billion alumina refinery EPC
Hyundai Engineering & Construction has won a US$1.5 billion contract to build an alumina refinery in Ras Al Khair, Saudi Arabia.
