Emsteel Group, one of the region’s largest publicly traded integrated steel and building materials manufacturers, and Oldendorff Carriers have announced the signing of a new long-term freight agreement covering the import of Emsteel’s key raw materials to the UAE.
The Saudi Basic Industries Corporation (SABIC) has signed an agreement with the joint venture between the Public Investment Fund (PIF) and Pirelli, for the supply of polybutadiene rubber and carbon black for the production of 3.5 million tyres annually.