Saturday 13 February 2016

Ducab shows off cabling solutions

Ducab of the UAE is showcasing its market-leading cabling systems at the Gulf Industry Fair. NuBICC, its famous certified cable range designed to service nuclear power plants, is one such product, according to Ulhas Menon, sales manager of Ducab’s branch in Bahrain. He s


Kuwait Styrene posts $97m net profit

The Kuwait Styrene Company (TKSC) has announced a net profit of $97 million for the fiscal year ending December 31, 2015, in comparison to a net profit of $126 million during 2014. As Kuwait’s first and only producer of styrene monomer, The Kuwait Styrene Company (TKSC) was


Bahrain PM visits Alba stand at Gulf Industry Fair

Bahrain's Prime Minister HRH Shaikh Khalifa bin Salman Al Khalifa today (February 9) visited the Aluminium Bahrain (Alba) stand at the ongoing Gulf Industry Fair (GIF) 2016, in Bahrain. The fair was inaugurated by the Premier earlier today, at the Bahrain International Exhibi


Bionetix unveils new eco-friendly concentrates

Bionetix International, a Canadian manufacturer of microbial based bio-products owned by Cortec Corporation, has unveiled its new ABC line of environmentally safe, bio-based, natural concentrates.    ABC line of concentrates comprises solid, proprietary tec


Napco to lift capacity with new packing machine

The National Aluminium Products Company (Napco), a leading extruder of aluminium profiles in the GCC, has acquired a new European-made packing machine as part of its efforts to help bolster production capacities. According to the company’s senior executives, Napco’s n


Archer Daniels Midland to acquire Moroccan corn wet mill

Archer Daniels Midland Company, a leading agricultural processor and food ingredient provider, is set to acquire a Morocco-based corn wet mill that produces glucose and native starch from Tate & Lyle.   Chris Cuddy, president of ADM's Corn Processing bus


Bombardier to produce 80 high-speed trains for Turkey

Bombardier aims to produce 80 high-speed trains for Turkey's state railway TCDD in a tender together with local partner Bozankaya, an executive for the Canadian transport equipment maker said on Tuesday. Bombardier executive Furio Rossi made the comment at a news conference i


FLSmidth to build cement plant worth $223m in Algeria

Denmark-based FLSmidth has signed an engineering, procurement and construction (EPC) contract with SARL Amouda Engineering worth €200 million ($223.8 million) for the supply of a greenfield cement plant in Algeria. The plant will be located in El Beida (Laghouat), approximat


GM suspends Egypt operations due to currency crisis

General Motors has temporarily suspended its operations in Egypt due a currency crisis, a company source told Reuters on Monday. Import-dependent Egypt has been in economic crisis since a 2011 uprising and subsequent political turmoil drove foreign investors and tourists away. Do


Al Falahi, Chinese Eastern Dragon sign $81m JV

UAE-based Al Falahi Group of Companies has signed an agreement with the Chinese Eastern Dragon Company, a global leader in oil field services, to launch a joint venture worth Dh300 million ($81 million) in the UAE. The joint venture will produce and supply equipment, including hi

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