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27/11/2012 07:52 AST
A consortium including Samsung Engineering and Shanghai Electric have won an SR 11.3 billion deal to build a water desalination plant.
Saline Water Conversion Corp. awarded the Yanbu III plant deal to the two firms as well as to Saudi Al-Toukhi Co. for Industry, Trading and Contracting. The plant will have a capacity of 550,000 cubic meters per day of desalinated water and a power capacity of 2,500 MW, Reuters reported.
Water consumption in the Kingdom is already almost double the per capita global average and increasing at an ever faster rate with the rapid expansion of population and industrial development.
SWCC has said it plans to nearly double energy-intensive desalinated water production to almost 6 million cubic meters per day by the end of 2015.
Arab News
07/10/2012
The King Abdul Aziz City for Science and Technology (KACST) has offered locally developed technology to the Saline Water Conversion Corporation (SWCC), which is planning to establish three solar powe
Arab News
17/09/2012
The Dow Chemical Company and Saudi Arabia-based Saline Water Conversion Corporation (SWCC) have signed a commercial agreement for research collaboration in desalination technologies.
Dow a
Saudi Gazette
18/03/2012
State-run Saudi utility Saline Water Conversion Corporation (SWCC) plans to nearly double energy-intensive desalinated water production to almost six million cubic metres per day by the end of 2015,
Reuters
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News