Sunday 22 January 2017

Dubai group to acquire Saint-Gobain US property

Dubai-based Arzan Wealth said it has joined hands with US-based 90 North Real Estate Partners to acquire the North American headquarters of French building materials giant Saint-Gobain for $123 million. The 65-acre campus located


St-Gobain to buy key stake in Sika

French building materials supplier Saint-Gobain said it planned to buy a controlling stake in construction chemicals group Sika for around €2.3 billion ($2.83 billion) and was putting its glass packaging unit Verallia up for sale.


Saint-Gobain to supply pipes for Qatar project

Saint-Gobain PAM has signed two contracts with Qatar's Al Jaber Engineering worth a total of €200 million ($268 million) for the supply of large-diameter pipes, fittings and valves. The products will be mainly manufacture


St-Gobain JV to set up stone wool plant in Saudi

Saudi International Insulation Manufacturing Company (SIIMCO), a joint venture between Kuwait-based Alghanim Industries and Saint-Gobain, has announced plans to set up its new stone wool factory at a cost of KD16.75 million ($58.4 million).

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