Thursday 23 March 2017

Hempel inaugurates new factory in Kuwait

Hempel, a leading paint manufacturer, today (March 22) inaugurated a new factory in Kuwait to meet increased demand and also to consolidate its position as market leader in the region. The new factory, costing €13 million ($14.02 million), set up in Mina Abdullah meets ISO 9


EDF joins Dubai solar park Phase Three consortium

EDF Group, an integrated electricity company, said it has joined a consortium led by Abu Dhabi future energy company Masdar which is developing the 800-MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, UAE. The entry into the consortium was made possible b


Siemens launches new gas turbine

Siemens, a global technology leader, has added a new gas turbine to its portfolio, SGT-A45 TR mobile unit, which addresses the growing market for fast power. The aero derivative gas turbine possesses an electrical generating capacity of up to 44 megawatts, and is packaged for rap


Dubai ruler opens key phase of $408m solar park

Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, on Monday inaugurated the second phase of the Mohammed bin Rashid Al Maktoum Solar Park at Seih Al Dahal in Dubai, UAE. The solar park is being developed by Dubai Electricity and Water A


Mena eyes $1 trillion energy investments in 5 years

Total energy investments in the Middle East and North Africa (Mena) region are likely to hit the $1-trillion mark over the five years with the GCC countries spearheading the growth, according to a report. While global investments in the industry continued their decline in 2016, d


Oman Oil unit to build major propanol plant in US

Oman Oil Company (OOC) owned Oxea, a global manufacturer of oxo intermediates and oxo derivatives, will build a major propanol unit adjoining its existing complex in Texas, US, said a report. The world-scale plant, dubbed ‘Propanol-2’, will boost Oxea’s propanol


Gulf petchem industry grows 3.7pc

The petrochemical industry in the Gulf region grew at 3.7 per cent in 2016 reaching 150 million tonnes of capacity, according to an annual study by the Gulf Petrochemicals and Chemicals Association (GPCA), outpacing the global average growth of 2.2 per cent. The figures emerged f


Korean builder SK wins $3.6bn Iran power projects

Korean builder SK Engineering & Construction has clinched a 4.1 trillion won ($3.6 billion) contract to build and operate five new power plants in Iran, according to a report. Under this deal, SK E&C will start building a 1,200- and a 800-MW power plant at Saveh and Zahed


Aramco launches centre for contractors, suppliers

Saudi Aramco launched today a contractors and suppliers relations centre in the Chamber of Commerce and Industry in Riyadh to facilitate the registration process and help contractors reach the company. The centre is part of Saudi Aramco’s efforts to expand reach and communi


Huawei, ISG deal to produce UPS units in Saudi Arabia

Huawei Tech Investment Saudi Arabia has forged an alliance with Industrial Systems Group (ISG), an affiliate of Al Abdulkarim Holding, aimed at exchanging expertise to manufacture un-interrupted power supply (UPS) units in Saudi Arabia. As part of the agreement, Huawei will provi

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