Sunday 25 August 2019

Explosives, pyrotechnics market to reach $23bn by 2025

The explosives and pyrotechnics market is forecasted to reach a revenue of $23 billion by 2025, with a projected compound annual growth rate (CAGR) of 4 per cent from 2019 to 2025, according to a report by Global Market Insights, a global market research. Strengthened by rising m


Schneider's Batam Smart Factory recognised as 4IR Lighthouse

Schneider Electric, a leader in digital transformation of energy management and automation, revealed that its Smart Factory in Batam, Indonesia, has been recognised by the World Economic Forum at its 13th Annual Meeting of the New Champions (AMNC) as an Advanced 4th Industrial Revolution (4IR)


ANGE, Optare partner to launch RTA Solo in UAE

Al Naboodah Group Enterprises (ANGE), one of the UAE’s leading conglomerates, partnered with UK bus manufacturer Optare to launch the RTA Solo into service in the UAE. A long-established strategic partner of the RTA, ANGE has provided supply and maintenance services for pub


Clariant opens new services office in Saudi Arabia

Swiss-based chemicals giant Clariant said that the company’s Catalysts business has opened a new services and support office in Jubail, Saudi Arabia. Located in the eastern coast of the country, Jubail is the world’s largest industrial city and an important site for t


Dnata unit Air Dispatch produces 5 millionth loadsheet

Air Dispatch, a world-leading provider of centralised load control (CLC) services and part of Dubai-based air services provider dnata, has recently produced its five millionth loadsheet since its foundation. The milestone document was issued from the Prague facility, ensuring saf


Al-Futtaim Toyota sales up 5.4pc in H1

Al-Futtaim Toyota, the exclusive distributor of Toyota in the UAE, has reported that its sales increased by 5.4 per cent in the first half of 2019 compared to the same period last year, a strong achievement considering the overall non-luxury market dropped by 2 per cent in 2019.


Jotun signs 42-vessel HPS contract with Wallenius Wilhelmsen

Jotun, a leading global supplier of paints and coatings, has signed an agreement with Wallenius Wilhelmsen to provide its hull performance solutions (HPS) anti-fouling coating system across 42 vessels in the leading shipowner’s advanced RoRo fleet. HPS combines premium SeaQ


Taqa H1 revenue hits $2.45bn, up 5pc

Abu Dhabi National Energy Company (Taqa) recorded Dh9 billion ($2.45 billion) revenue in the first half of the year, a 5% increase compared to H1 2018.   While Taqa continued to witness robust operational performance, the bottom line was somewhat impacted by one


Lenovo introduces two single-socket server solutions

Lenovo, a technology leader in intelligent transformation, has introduced the Lenovo ThinkSystem SR635 and SR655 server platforms, two of the industry’s most powerful single-socket servers. As businesses are tasked with doing more with less, the new Lenovo solutions provide


Automotive fuel injection systems market to reach $115bn

The global automotive fuel injection systems market accounted for $61.61 billion in 2017 and is expected to reach $115.10 billion by 2026, growing at a compound annual growth rate (CAGR) of 7.2 per cent, according to a report by Stratistics MRC, a market research firm. Factors su

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