Emirates Aluminium (Emal) unveiled the ground breaking of its Phase Two development expansion project which is worth US$4.5 billion.
The Saudi unit of ArcelorMittal will start producing in the first half of 2012 at its new mill at Jubail.
Emirates Steel has invited bids for Phase 3 of the company?s expansion project which will comprise a steel melting plant, a hot rolled coil (HRC) mill and ancillaries.
Saudi Basic Industries Corporation (SABIC) has signed a technology agreement with Montefibre for a fully integrated world scale carbon fibre project in Saudi Arabia.
Global Pipe Company (GPC), a Saudi-German joint venture, announced that the new production facility being built in Jubail Industrial City, Saudi Arabia will be complete by Q2 2012.
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