News

In brief

01 December 2013

Pentair opens pump facility

PENTAIR Ltd, a global water, fluid, thermal management and equipment protection company, has announced the opening of a new pump and booster system manufacturing facility within its integrated manufacturing campus in Sharjah.

The unit will serve the commercial and residential sectors in the region. It joins the company’s existing valve manufacturing facility and metal casting foundry, providing a well-established foundation from which to introduce new products and services into the local market, the company said.

“As one of the world’s leading manufacturers of commercial, residential and infrastructure pumps, we are focused on the Middle East,” said Gary Witt, president of Pentair Flow Technologies.

 

New bauxite mining to begin

SAUDI Arabian Mining Co (Ma’aden) expects to start producing bauxite from a new mine in the second quarter of 2014, a company executive said.

Ma’aden and US partner Alcoa are developing a mine with the capacity to produce 4 million tonnes per year of raw material for their new aluminium complex in Saudi Arabia.

The bauxite will be transported by rail from the Al Ba’itha mine in north-eastern Saudi Arabia to the complex site in Ras Al Khair on the Gulf coast.

 

Tata to supply Iraq project

INDIA’S Tata Steel said its energy and power unit has announced a multi-million pound order with Korea Gas Corporation (Kogas) for the supply of 110 km of line pipe and coatings for its Kirkuk to Baiji Dry Gas Project in Iraq.

A total of 10,000 tonnes of line pipe was manufactured and coated at the company’s mill in Hartlepool and shipped to Iraq for installation, said a senior official.

 

Dubai firm eyeing Mauser sale

THE private equity arm of Dubai Holding, which is owned by the emirate’s ruler, is considering the sale of German packaging group Mauser, Reuters reported quoting sources.

The deal is seen fetching between 1 billion euros ($1.4 billion) and 1.5 billion euros for the debt-laden firm.




More Stories



Tags