Thursday 23 February 2017

Rockwell Automation improves batch productivity

Industrial producers with batch applications can now create more flexible, reliable and productive operations with the latest release of FactoryTalk Batch software from Rockwell Automation. The modern software enhances scalability and responsive control of distributed, skid-level


UAE energy contracting market set for 17pc growth

The market for energy performance contracting in the UAE is poised for grow 17 per cent in the next four to five years, thanks to a major push in the region for development of both renewable energy and energy efficient policies, said a report. Energy Performance Contracting is a


Saudi Aramco commissions first home-built rig

A new drilling rig, designed by Saudi Aramco engineers and built according to the company’s specifications, has started drilling its first well, marking a milestone as the company moves toward greater localization of drilling services. Rising 162 feet above the rolling dune


Saudi invites bids for 700MW renewable energy projects

Saudi Arabia has invited pre-qualification bids from leading global and regional construction companies to develop 700MW renewable energy projects under the first phase of its National Renewable Energy Programme, said a report. The Phase One projects include a 300 MW solar facility at


Bahri, Bunge form ocean freight joint venture

Bahri Dry Bulk Company (BDB), a subsidiary of the Bahri Group, the national shipping arm of Saudi Arabia, and Koninklijke Bunge, a wholly-owned subsidiary of global agribusiness and food company Bunge Limited, have signed definitive agreements forming a joint venture to establish a leading ocea


Emerson Network Power Rebrands as Vertiv

Vertiv, the business formerly known as Emerson Network Power, has officially launched under its new branding in the UAE. Vertiv is a global provider of mission-critical infrastructure technologies for vital applications in data centers, communication networks, and commercial and


Iran to sign Total contract within two months

Iran will finalise the first of its new contracts with French oil giant Total within two months, a senior government official said. Recent comments by Total's chief executive indicated it was awaiting feedback from the US, Oil Minister Bijan Namdar Zanganeh was quoted as sayi


Kuwait Styrene Company net profit up 11pc

The Kuwait Styrene Company (TKSC), the first and only producer of styrene monomer in Kuwait, said it has registered a 11 per cent growth in its net profit for 2016 which soared to $107 million from $97 million the previous year. Established in 2004, TKSC is an international joint


Honeywell unveils new tech to boost ME supply chains

Honeywell, a global technology and manufacturing leader, has introduced its technology breakthroughs and innovative solutions to address the rapid rise in e-commerce in the Middle East, and the continued development of the region’s manufacturing, retail and logistics sectors.


Russia, Iran begin building 1.4GW power plant

Russia and Iran have begun the construction of a 1.4-gigawatt (GW) thermal power plant in the city of Bandar Abbas in southern Iran, a report said. Russian company Technopromexport and an Iranian holding company signed an agreement on the construction of a thermal power plant in

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