Friday 6 May 2016
 
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JV

Tasnee to launch titanium sponge production in 2017

A new venture including Saudi Arabia's National Industrialization Co (Tasnee) to produce titanium sponge will launch commercial operations in the second half of 2017, the petrochemical producer said.   Tasnee

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Iran, South Korea in shipbuilding JV

Iran has finalised a deal with South Korea to launch a joint shipbuilding venture between the two countries, a report said. Iran has a sprawling shipbuilding industry, chiefly devoted to constructing oil tankers and container ship

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Pertamina, Aramco to move closer to JV with $5bn refinery upgrade plans

Pertamina and Saudi Aramco are expected this week to take a major step in forming a joint venture that will include a $5 billion upgrade to Indonesia's largest refinery complex, a director at the Southeast Asian firm said. &nb

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Dugas, IG Petrochemicals to set up new JV in UAE

Dubai Natural Gas Company Limited (Dugas) has joined hands with IGPL (FZE), a wholly owned subsidiary of IG Petrochemicals Limited, to set up a new joint venture in the UAE focused on manufacturing Maleic Anhydride. Maleic Anhydri

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Savola unit signs JV deal with Thai Union Frozen

Thai Union Frozen signs JV deal with Saudi Arabia’s Savola Thai Union Frozen Products, the world's largest canned tuna maker, said on Tuesday it had signed a joint venture agreement with a subsidiary of Saudi Arabia'

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Hochtief unit wins $1.2bn rail contract in US

Hochtief subsidiary Flatiron has secured a $1.23 billion contract to construct a 60-plus mile portion of new high speed rail between Los Angeles and San Francisco as part of a joint venture team. The project will be the first high

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Saudi Butanol plant to start trial runs in third quarter

Saudi Butanol Company, a joint venture of local petrochemicals firms, is expected to start trial operations at its plant in Jubail in the third quarter of 2015, one of the shareholders said. "Construction of the plant is ongo

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Senaat, Japanese steel giants form UAE JV

Senaat, one of the largest industrial holding companies in the UAE, has entered into a joint venture with a consortium made of two of Japan’s leading companies in the steel sector to manufacture and sell large diameter high quality sour gr

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Khaled Juffali acquires overseas partner’s shares

A joint venture between Khaled Juffali Company and Etimaad Engineering has now transitioned to a 100 per cent Saudi-owned entity as Khaled Juffali Industrial Company (KJIC). Khaled Juffali has acquired all the shares of Etimaad, i

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Foster Wheeler-led JV wins Libya FEED deal

Global Engineering and Construction Group, a subsidiary of leading engineering conglomerate Foster Wheeler, in a joint venture with Taknia Libya Engineering Company, has won a front-end engineering design (FEED) contract from Nafusah Oil Opera

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