Saudi pipes manufacturers Amiantit has suspended its activities in Bahrain from
November 15 due to the global recession, a report said.

The company was due to invest $61 million in Bahrain.

Amiantit Bahrain Holding Company had three manufacturing companies in Bahrain,
including fibreglass reinforced polyester pipes factory and fibreglass epoxy pipes factory, located on 60,000 square metres.

The production was due to start early next year, with a capacity of 24,000 tons of fibreglass and 6,000 tons of epoxy, our sister paper Akhbar Al Khaleej reported.-TradeArabia News Service