Atbin to set up plant in Jebel Ali
Atbin Industrial Group, one of the pioneers in Iran’s heat treatment industries, is setting up a manufacturing facility in Jebel Ali Free Zone.

The Iran-based company specialises in the design and manufacture of industrial furnaces and ovens for different materials and different temperature ranges, says Osama N Ewaida, an Atbin sales engineer.
The company’s activities include the design, manufacture and commissioning of heat treatment lines; industrial automation for heat treatment industries; production of sensors and thermocouples under the licence of Germany’s Jumo; supply of induction furnaces up to a capacity of 12 tonnes and production of meters and temperature controllers.  
The company set up a sales office in Dubai a year ago.

Litwin wins contract
Litwin Europe-Middle East, a subsidiary of Bateman Litwin, has won a contract to develop a $525 million phosphoric acid plant for Ma’aden in Saudi Arabia.
The plant, one of the largest of its kind in the world, will have a capacity of 1.5 million tonnes per year.
The total value of the contract is around $525 million, of which Litwin’s share is slightly over $330 million. The estimated time frame for the project is 34 months.
Litwin has selected Tekfen Construction and Installation Co Inc to provide construction services for the plant.

NIG doubles profits
Kuwait’s National Industries Group (NIG), the country’s biggest construction materials firm by market value, more than doubled second-quarter net profit to KD98.21 million ($348.3 million).
The company’s profit in the six months to June 30 was KD158 million, compared with KD74.6 million in the year-earlier period, it said in a statement.
It made KD46.02 million in the second quarter of last year and KD59.79 million in the first quarter of this year.
National Industries said in April it planned to invest KD200 million in a petrochemical project in Saudi Arabia.