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FINANCIAL NEWS
UAE’s ZonesCorp signs deal with Jindal SAW Gulf
20 Apr 2014
(MENAFN) ZonesCorp has signed an agreement with the Jindal SAW Gulf last week for expansion projects of its current facilities, according to the Emirates 24/7.
The USD100 million expansion project is expected to boost production capacity by an additional 200,000 tons per year bringing the total production capacity to 500,000 tonnes per year.
Super Cement Manufacturing, which is owned by one of the partners of Jindal SAW Gulf, plans to invest USD100 million in its subsidiary Super Ferro Alloys, and is making another investment in a USD30 million lime calcination plant with a production capacity of 450,000 tons per year.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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