Wednesday 19 September 2018

Top Japanese industrial group opens office in Dubai

Leading Japanese industrial company Asahi Yukizai Corporation has set up its regional base in Dubai Airport Freezone (Dafza). A major player in the manufacture of industrial resins and plastic valves, Asahi Yukizai Corporation said the new office will play a key role in expanding


Gulftainer inks 50-year US port concession agreement

Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the UAE, finalised a 50-year concession with the State of Delaware in the US to operate and develop the Port of Wilmington, significantly expanding the company’s global footprint


Fertilizer industry 'vital to global food security'

Fertilizer industry has a crucial role to play in addressing global food security challenges, as the world’s population continues to expand rapidly, driving demand for nutrition and resource availability, said top experts at the ninth edition of Gulf Petrochemicals and Chemicals Associati


Lanxess to build new production plant in Germany

Specialty chemicals company Lanxess is continuing to invest in its global production network for high-performance plastics and is building another compounding facility at its Krefeld-Uerdingen site, Germany, for a mid double-digit million euro amount. Starting in the second half


Sabic, Clariant sign deal for speciality materials

Sabic, the world’s third largest diversified petrochemicals company, has signed an agreement with Clariant towards taking steps to establish certain elements of its Specialties business as a stand-alone business.  The strategic purpose of this is to prepare the Special


G20 to discuss steel excess capacity in global markets

Over 30 senior officials of the G20 Global Forum on Steel Excess Capacity are meeting on Thursday in Paris to discuss collective solutions to the global challenges faced by the steel industry. Over the course of the meeting, which will be held at the headquarters of the Organizat


Tadweer opens waste recycling plant in Abu Dhabi

Abu Dhabi Waste Management Centre (Tadweer) has opened a new facility to recycle construction and demolition waste in Ghayathi in Al Dhafra region of Abu Dhabi. This comes as part of Tadweer's efforts to support Abu Dhabi’s mandate of diverting 75 per cent of waste from


Saudi AC market set for 3.1pc growth by 2024

Saudi Arabia's air-conditioner market is poised for solid growth over the next six years registering a CAGR (compound annual growth rate) of 3.1 per cent during the 2018-24 period, said a report by 6Wresearch. The kingdom is one of the biggest and most promising markets for a


UAE leads in ICT Global Competitiveness Index

The UAE has achieved leading positions in several categories of the ICT Global Competitiveness Index published recently by the International Telecommunication Union (ITU).   The results showed that the UAE is ranked first globally in the rate of mobile-broadband


Huawei registered with 100pc ownership in Qatar

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has become one of the first technology firms to register with 100 percent ownership in Qatar.    In order to support its increased activit

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