Thursday 23 November 2017

Lanxess to build $23m high-tech plastics plant in China

Germany-based Lanxess, a specialty chemicals group, is strengthening its presence in the growth market China by building a new plant for high-performance plastics in Changzhou for around €20 million ($23.68 million). From Q2 2019, the compounding plant is to produce up to 25


PepsiCo-Jordan backs project to empower women

PepsiCo-Jordan has signed an agreement with the Jordan River Foundation (JRF), committing to provide financial support for the development and expansion of Al-Karma Kitchen, one of JRF’s key development projects in Jabal Al-Nasr, East Amman, Jordan. Al Karma Kitchen, the ca


Iran’s Zisco signs mining machinery deal with Czech firm

Iran-based Zarand Iranian Steel Company (Zisco) signed a contract with the Czech Republic's OSTROJ to import machinery and engineering services in the field of underground coal mining, said a report. A European bank was also present at the signing ceremony of the agreement, a


Projiso to showcase range of spray systems at Big 5

France-based Projiso, an expert in the manufacturing and the marketing of spray systems, revealed that it is offering a large range of products with multiple high-performances properties such as thermal, fireproofing and acoustic, at the upcoming the Big 5 Show, in Dubai, from November 26 to 29


Panasonic showcases latest cameras at Sharjah event

Panasonic’s pioneering Lumix cameras and camcorders - specifically designed to capture pristine images and high quality videos, are on display at Xposure, at the ongoing International Photography Festival 2017, in Sharjah, UAE. The event which kicked off yesterday (November


Importance of Knowledge Index highlighted

A high-profile panel at the fourth annual Knowledge Summit in Dubai highlighted the importance of data gathering and the inaugural Global Knowledge Index released recently. The summit was organised by the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) under the patron


GE joins Saudi digital industrial innovation drive

Saudi Arabia’s National Digitization Unit (NDU) has signed an agreement with technology major GE to drive digital industrial diversification and the application of innovative business models, supporting Saudi youth in becoming key partners in progressing the digital transformation of the


Crescent launches $150m venture capital arm

The Crescent Enterprises, a multinational company headquartered in the UAE, has launched a venture capital arm with plans to invest $150 million over the coming three years, a report said. Crescent Enterprises CEO Badr Jafar said the fund would focus on strategic direct investmen


Gulf Stevedoring appoints new managing director

Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, has appointed Richard James as its new managing director. Gulftainer is the world’s largest, privately owned, independent port operator based in the UAE. James has over 1


Technal launches hi-tech building façade solutions

Technal Middle East, a pioneer in architectural aluminium facade systems, said it has joined hands with SideRise Group, a key provider of innovative insulation solutions for acoustic, fire and thermal applications, to launch building façade solutions compliant with the UAE Fire and Life

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