Friday 2 December 2016

Muntajat backs ArabPlast 2017 as sponsor

Muntajat, Qatar Chemical and Petrochemical Marketing and Distribution Company, will take part in the upcoming ArabPlast 2017 as a sponsor. The Qatari company aims at promoting Qatar’s chemicals, polymers and fertilisers during the most important international petrochemicals


Iran petchem firm eyes $1bn for expansion

Iran’s Persian Gulf Petrochemical Industries Co (PGPIC) is in talks with Asian companies to raise around €1 billion ($1.1 billion) for an expansion scheme, including a methanol project, intended to serve China and other Asian customers. Touraj Seyed Arvanaqi, managing


UAE team to join Finnish tech event

More than 15,000 participants representing over 100 countries, including a delegation from the UAE, will be participating at Slush 2016, an event dedicated to innovation, technology and entrepreneurship, to be held in Helsinki, Finland. The event will open tomorrow (November 30)


Product value ‘key to growth in chemicals sector’

The way to sustain growth in the chemicals industry is to continue developing more differentiated, higher value products; continue creating strong brand identities; and continue upgrading to stay ahead of the curve, said a senior official. Abdulaziz Judaimi, business line head of


Big drop in turbines, generators market forecast

The global market for boilers, turbines, and generators (BTG) is set to decrease from a cumulative $318 billion during the period 2010-2015, to $241 billion during 2016-2020, according to research and consulting firm GlobalData. The BTG market will experience the drop as capacity


Gulf Mining plans to increase limestone, gypsum output

Oman-based Gulf Mining Group, a major mining and mineral processing organisation, plans to boost production of limestone and gypsum — commodities destined primarily for the growing steel and cement sectors of the Indian sub-continent. The production ramp-up is part of an ar


Ooredoo, Hamad Port sign telecom services deal

Ooredoo, a major telecom group, recently signed a memorandum of understanding (MoU) with Qatar’s Hamad Port Master’s System Integration Consultant to provide its telecom services including ICT implementation, said a report. To deliver the comprehensive infrastructure


Orpic offers SMEs opportunities worth $400m

Oman Oil Refineries and Petroleum Industries Company (Orpic) is offering business opportunities worth of $400 million for small and medium enterprises (SMEs) at its $6.5 billion-Liwa Plastics Industries Complex, said a report. These business opportunities, including sub-contracti


Cargo centre proposed for Muscat airport

A cargo village with services for both export and import activities has been proposed for development at Muscat airport, a report said. The Muscat Airport Cargo Village will be set up on an area of 30,000 sq ft and is expected to create a revenue of RO30 million ($77 million) in


Mubadala, HNA Group announce expanded collaboration

Mubadala, the Abu Dhabi investment and development company, and Chinese aviation and shipping conglomerate HNA Group have signed a Memorandum of Understanding (MoU) regarding expanded investment collaboration between the two organizations. Following a series of senior leadership

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