The UAE's Dubai Gold and Commodities Exchange, or DGCX, and China's Dalian Commodity Exchange, or DCE, announced Wednesday that they will simultaneously launch their respective polypropylene futures contracts on February 28. "The ...
Tags: Polypropylene Futures, Chemicals
The price of glass is expected to surge this year amid growing demand, an industry leader said. Abdulaziz Bin Yagub Al Serkal, General Manager of Dubai Investments ( DI ) PJSC, anticipated an increase in the cost of glass in the midst of ...
Tags: Strong Demand, Glass
Abdulaziz bin Yagub Al Serkal, general manager of Dubai Investments PJSC, anticipates an increase in the cost of glass in the midst of escalating demand in the region. "Over the past few years, the increase in prices was quite unhealthy ...
Tags: Glass LLC, Construction Glass
UAE-based steel producer Emirates Steel Industries (ESI) has announced its financial results for 2013, stating that its sales revenues amounted to AED 6.5 billion ($ 1.8 billion), almost eight percent higher than 2012, despite sluggish ...
Tags: steel producer, steel
Oman Cement Company has placed a$38m order with Danish engineering company FLSmidth for new milling equipment for a cement plant. The new mill be the fifth to be be built at Oman Cement Co s HQ in the Rusayl Industrial Area,which is ...
Tags: Oman Cement, Cement, Infrastructure
The exports of petrochemicals from GCC countries of Bahrain, Saudi Arabia, Oman, Qatar, Kuwait and the UAE is expected to increase, once the Bali Package is ratified by the World Trade Organisation (WTO) General Council later this year, ...
Tags: Bali Package, Textile
Muscat:Oman s cement companies are likely to benefit from a reduction in dumping by the neighbouring UAE producers and better demand for cement from within the country this year,said a top-level analyst. The Sultanate s two cement ...
Tags: Construction, Omani Cement, Cement
Despite tough economic environment and rising input costs, the Rajasthan-based Banswara Syntex saw its bottom-line growing over two-fold in the quarter ended September 2013, helped by turnaround in exports in line with the rupee ...
Tags: Banswara, Lycra, RBI, readymade garments
India is targeting a gross domestic product (GDP) growth rate of 8-9 per cent in the coming years and to enable this growth, the economy needs the support of its power sector and India's electrical equipment industry is expected to play a ...
Almarai, a Saudi Arabian food company, has completed the acquisition of stake held by Mead Johnson in International Pediatric Nutrition Company (IPNC), a joint venture between the parties. The company stated that it received all necessary ...
Tags: infant formula products, Almarai
Jones Engineering Group is continuing to develop its presence in Saudi Arabia with a strategic focus on the food and beverage, pharmaceutical and health care industries. The leading international engineering contracting group has recently ...
Tags: Jones Engineering Group, Saudi Arabia, pharmaceutical industries
The Gulf Petrochemical Industries Company (GPIC) has in 2013 achieved its highest monthly production of methanol since its inception, which amounted to 1,254 metric tons, GPCI president Abdulrahman Jawahery revealed during the ...
AUTO GLASS DUBAI Al Thahabi Auto Spare parts are local and global distributors of glass for the automotive vehicle sector. With our experience in auto glass, we will assist you to have the auto glass at the right price. With our ...
Tags: Auto Glass
Dana Gas, the Middle East's leading regional private sector natural gas Company, announced today that it has received from the Egyptian Government authorities the payment of AED 194 million (US$ 53 million) from the current total ...
Tags: Dana Gas, AED, Egyptian Government, Investment
The petrochemical industry of the six-member Gulf Cooperation Council (GCC) has taken positive steps towards achieving environmental sustainability over the last two years, said Abdulwahab Al Sadoun, secretary general, of the Gulf ...
Tags: Petrochem Sector, Textile