The Saudi Gazette reported that Jaguar Land Rover owned by Tata Motors, plans to invest SAR 4.5 billion in setting up an automotive facility to manufacture 50,000 Land Rover vehicles per year by 2017 in Saudi Arabia. The National ...
Tags: Jaguar Land Rover, Tata Motors, automotive facility, automotive
The Saudi stock exchange s cement index climbed almost 6% yesterday to smash the 4,000 mark for the first time in almost seven months, with some suppliers making the biggest gains of the year. The measure for the companies selling the ...
Tags: Cement, Yamamah Cement, Qassim Cement, Yanbu Cement
Reuters reported that Saudi Aramco Mobil Refinery Company will shut most of the units at its 400,000 barrel per day Yanbu refinery in March to bring a new cleaner fuel project online. Traders said that the outage planned by the joint ...
Tags: Mobil Refinery Company, cleaner fuel project, gasoil and gasoline
A consortium including Samsung Engineering and Shanghai Electric have won an SAR 11.3 billion deal to build a water desalination plant on the Red Sea coast of Saudi Arabia. Saudi's state owned Saline Water Conversion Corporation said that ...
Tags: water and power plant, fuel oil fired plant, water desalination plant
The Arabian United Float Glass Company, the first independent float line in the Middle East and Africa has committed to taking the first steps to implementing a strategic approach to reducing its impact on the environment and engaged the ...
Tags: float glass, glass, carbon footprint, energy
Doosan Heavy Industries & Construction has received a letter of award worth US$1 billion from Saline Water Conversion Corp for the Yanbu Phase 3 Seawater Desalination Plant project in Saudi Arabia. The Yanbu Phase 3 Desalination Plant ...
Tags: Desalination Project, Saudi Desalination Project, Heavy Industries
The Arabian United Float Glass Company, the first independent float line in the Middle East and Africa has committed to taking the first steps to implementing a strategic approach to reducing its impact on the environment and engaged the ...
Tags: Saudi Arabian United Float Glass Company, Carbon Neutral Company, Yanbu
The Arabian United Float Glass Company,the first independent float line in the Middle East and Africa has committed to taking the first steps to implementing a strategic approach to reducing its impact on the environment and engaged the ...
Tags: AUFGC, float glass, glass, carbon emissions
Sulzer Chemtech has been contracted to carry out the procurement and construction work for around CHF 20 million for a vacuum distillation revamp of Saudi Aramco’s lubricating oil refining plant, located in Yanbu Industrial City, ...
Tags: market view, Vacuum Distillation
Jacobs Engineering Group Inc has received a one-year contract extension from Saudi Arabian utility company Marafiq to continue providing project management contractor (PMC) services for its ongoing investment program in Saudi Arabia. Jacobs ...
Tags: Jacobs Engineering, Marafiq, PMC services
Cement demand in Saudi Arabia has been rising on the back of huge government and private sector projects and an expected surge in public expenditure above budgeted levels will further fuel demand growth, National Commercial Bank (NCB) said ...
Tags: industry trends, cement
NCB Capital, Saudi Arabia’s largest asset manager, expects the Saudi cement sector to continue witnessing strong demand in 2012, led mainly by government projects. The new NCB Capital report analysing the Saudi cement sector noted ...
Tags: market view, cement
The Saudi Tadawul index ended 0.22% lower at 6, 400 points Tuesday. Yanbu Cement was the share of the day, posting the largest advance, up 4.15% at SR69. The cement producer restarted three of four production lines Sunday after these lines ...
Tags: market view, cement
Yanbu Cement has posted an impressive increase in net profits for the latter half of 2011 as demand for raw materials increases in Saudi Arabia. Yanbu Cement Company, based in the Red Sea port town that gives the company its name, produces ...
Tags: market view, cement, price