Leading German group Achenbach Buschhütten has announced that it has secured a major contract from Saudi-based Tahweel Metal Industry Corporation (TMIC) for a fully integrated aluminium foil production plant to be established in Dammam, Saudi Arabia.
Saudi sovereign wealth fund PIF has reached an agreement with Red Sea Aluminium Holdings (RSAH) to jointly develop an single integrated downstream aluminium complex in Yanbu. The duo aims to introduce advanced smelting and continuous-casting technologies to the Saudi market.
