Siemens Energy signed a land lease agreement with Saudi Industrial Property Authority (MODON) that will see the German company build a US$3mn manufacturing and service facility in Dammam Industry City.
Manufacturing
Hyundai awarded Saudi alumina refinery contract
Hyundai Engineering & Construction has won a US$1.5 billion contract to build an alumina refinery in Ras Al Khair, Saudi Arabia.
New production line for Maaden-Alcoa aluminium JV
Saudi Arabian Mining Co (Maaden) plans to add a new production line at its aluminium joint venture (JV) with Alcoa to produce sheets used in the automotive and construction industries.
GCC poised to be a top aluminium producer - Frost & Sullivan
The GCC is poised to become a primary aluminium production powerhouse over the next decade and is expected to contribute over 13 per cent of the worlds aluminum production by 2013.
SAJA awards design contract to Foster Wheeler
Foster Wheeler announced that a subsidiary of its Global Engineering and Construction Group has been awarded a conceptual and basic design contract by SAJA Pharmaceuticals.