Latest news with #Ruwais
Al Bawaba
22-05-2025
- Business
- Al Bawaba
Borouge And Mubadala Bio Sign Partnership Agreement To Strengthen The UAE's Healthcare And Life Sciences Sectors
Borouge, a leading petrochemicals company, that provides innovative and differentiated polyolefins solutions, has signed a strategic cooperation agreement with Mubadala Bio, a life sciences company dedicated to pursuing better health outcomes for the UAE and beyond. The partnership will explore the supply of polyolefin materials to enable local manufacturing of medical products, reinforcing local manufacturing capabilities while contributing to the future of the UAE's healthcare and life sciences sectors. The signing ceremony was witnessed by His Excellency Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, Dr. Bakheet Al Katheeri, CEO UAE investments Mubadala, and Ismail Ali Abdulla, Executive Director of UAE Clusters, Mubadala. Hazeem Sultan Al Suwaidi, CEO of Borouge, and Hamad Husein Almarzooqi, Deputy CEO of Mubadala Bio, signed the agreement during Make it in the Emirates, a flagship UAE event that unites industry leaders to drive innovation and industrial growth. Hazeem Sultan Al Suwaidi, CEO of Borouge, said, 'We are delighted to partner with Mubadala Bio to explore the development of essential medical solutions made at our Ruwais facility in the UAE. Aligned with the ambitions of 'Make it in the Emirates', this collaboration goes beyond the supply of materials, it is about combining the UAE's scientific product innovation with regional insight to bring smarter, safer products for patients and clinicians across the Middle East and beyond.' Ismail Ali Abdulla, Executive Director of UAE Clusters at Mubadala's UAE Investments Platform, added, 'This collaboration agreement with Borouge reflects Mubadala Bio's commitment to enabling a world-class, sustainable life sciences sector anchored in advanced local manufacturing. By collaborating with local partners, we aim to grow the manufacturing of UAE-made products. We are strengthening the life sciences sector, supporting the UAE's vision, and enhancing the delivery of essential health products for communities locally and abroad.' Powered by Borealis' Borstar® technology, Bormed™ RG868MO, produced by Borouge in the UAE, marks a key milestone as the initial product offering in Borouge's wider healthcare portfolio. BormedTM RG868MO provides transparency and mechanical strength, and meets industry sterilisation standards, making it ideal for pharmaceutical packaging and medical devices like three-part syringes, inhalers, pharmaceutical caps and closures. The product is already in production at Borouge's manufacturing plant in Al Ruwais Industrial City, Abu Dhabi, representing the first time it has been made for healthcare applications in the UAE. Borouge is set to launch its second healthcare product by the end of the year, building on the momentum of its current Middle East rollout. Aligned with Borouge's commitment to sustainability and innovation, this healthcare solution enables customers to reduce production cycle times through faster processing and can provide an estimated carbon footprint reduction of 5 - 10%. Mubadala Bio officially launched this week at the 'Make it in the Emirates' event, marking a major milestone in the UAE's journey to strengthen its life sciences sector. The new platform brings together integrated biopharma and pharma logistics capabilities to form a vertically integrated company, with a mission to enhance drug security and expand access to affordable, essential treatments. Mubadala Bio's integrated portfolio includes 10 facilities across Asia, Africa and Europe (6 are within the UAE), serving 100+ countries. Through its assets the company has a cumulative manufacturing capacity of 2.5 billion tablets and capsules, and 120 million IVs and injectables annually enabling the production and distribution of more than 10,000 different products.
Khaleej Times
20-05-2025
- Business
- Khaleej Times
Adnoc and EGA sign $500 million deal to localise supply of key raw material in aluminum production
Adnoc and Emirates Global Aluminium (EGA) on Tuesday announced a five-year supply agreement for up to 1.5 million tonnes of calcined petroleum coke (petcoke), a key raw material used in aluminum production. The agreement, valued at $500 million (Dh1.84 billion), was signed during the 'Make it in the Emirates' event currently taking place in Abu Dhabi. Through the agreement, Adnoc Refining will supply at least 30% of EGA's calcined petcoke requirements from the Ruwais Refinery over the next five years, strengthening the UAE's role as a global aluminum supplier by reducing its reliance on imports and fostering local industrial capabilities. The agreement with EGA – the largest industrial company in the UAE outside the energy sector – supports Adnoc's successful In-Country Value (ICV) programme by promoting economic diversification in the UAE and supplying critical manufacturing materials to advanced industries. The signing of the agreement was witnessed by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Adnoc Managing Director and Group CEO and Abdulla Kalban, Managing Director of EGA. It was signed by Khaled Salmeen, Adnoc Downstream CEO and Abdulnasser Bin Kalban, CEO of EGA. Salmeen said: 'This strategic agreement with EGA exemplifies Adnoc's commitment to driving the 'Make it in the Emirates' initiative and the UAE's industrial base. By supplying this critical raw material for aluminum production from our Ruwais Refinery, we are strengthening domestic supply chains, reducing reliance on imports and enabling growth in one of the nation's most vital industrial sectors. Through our ICV Program, we will continue to create more opportunities to enhance local manufacturing and industrial growth.' As the world's largest 'premium aluminum' producer, EGA continues to lead the UAE's industrial diversification, with its products comprising the UAE's largest made-in-the-UAE export after energy. The agreement between Adnoc and EGA will play a critical role in driving continued economic growth and ensuring the further development of the aluminum sector in the UAE. Abdulnasser Bin Kalban, CEO of EGA, said: 'EGA has been a pioneer of industrialization and economic diversification for decades, and today we are a champion of 'Make it in the Emirates' through our local procurement, metal supply to UAE industry and our record Emiratisation. This agreement with Adnoc enables us to secure a significant proportion of a key raw material locally, further increasing our economic impact in the UAE. We look forward to continuing our longstanding partnership with Adnoc.' The 1.5 million tonnes of calcined petcoke will enable EGA to produce around 3.75 million mt of aluminum over the five-year term of the agreement – approximately equal to the annual consumption of Germany. In 2024, EGA's direct, indirect and induced economic contributions to the local economy reached $6.4 billion (AED23.49 billion), accounting for 1.3% of the UAE's GDP and supporting more than 52,000 jobs.
The National
20-05-2025
- Business
- The National
Adnoc signs $500m deal with EGA to supply raw material for aluminium production
Adnoc has signed a $500 million deal with Emirates Global Aluminium to supply a raw material for aluminium production as part of efforts to localise the suppy chain in the UAE. As part of the five-year agreement, Adnoc Refining will supply up to 1.5 million tonnes of calcined petroleum coke (petcoke) to EGA, the Abu Dhabi energy company said in a statement on Tuesday, on the sidelines of the Make it in the Emirates event. Adnoc Refining will supply at least 30 per cent of EGA's calcined petcoke requirements from the Ruwais refinery, the company said. It will enable EGA to produce around 3.75 million tonnes of aluminium over the five-year term of the agreement. 'By supplying this critical raw material for aluminium production from our Ruwais refinery, we are strengthening domestic supply chains, reducing reliance on imports and enabling growth in one of the nation's most vital industrial sectors,' said Khaled Salmeen, Adnoc Downstream's chief executive. The UAE's In-Country Value (ICV) programme, a central plank of the country's Operation 300bn industrial strategy, redirects as much spending as possible towards UAE-made goods and services to boost the growth of domestic industries. Local spending under the ICV programme has reached Dh347 billion ($94.5 billion), Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, said on Monday, adding that the initiative has created more than 22,000 jobs for Emiratis. Meanwhile, Adnoc awarded contracts worth Dh65.7 billion in the first half of the year, benefiting nearly 400 local suppliers, contractors and service providers, state news agency Wam reported on Sunday. The contracts are in critical sectors such as drilling, logistics, operational support services, and engineering, procurement and construction. Over the next five years, Adnoc plans to channel an additional Dh200 billion into the UAE economy through ICV, according to the Wam report. The latest deal with EGA is expected to strengthen the UAE's role as a global aluminium supplier, Adnoc said. The UAE is the biggest producer of aluminium after China, India, Russia and Canada, with Bahrain in sixth position, according to commodities research company CRU Group. 'This agreement with Adnoc enables us to secure a significant proportion of a key raw material locally, further increasing our economic impact in the UAE,' said EGA chief executive Abdulnasser bin Kalban. EGA is the largest industrial company in the UAE outside of the energy sector, and its products comprise the country's largest made-in-the-UAE non-oil export. Its direct, indirect and induced economic contributions to the local economy reached $6.4 billion last year, accounting for 1.3 per cent of the UAE's gross domestic product and supporting more than 52,000 jobs, the company said.
Zawya
19-05-2025
- Business
- Zawya
KROHNE engages the energy sector to drive sustainable innovation across Middle East
Over 100 industry leaders from ADNOC, Kuwait Energy, Dubai Petroleum, and others gathered across Dubai, Ruwais, and Fujairah to explore KROHNE's innovative flow measurement technologies and deepen regional partnerships focused on sustainable, efficient energy operations. Expo City, Dubai – KROHNE Middle East successfully hosted its 'Technology Showcase Week 2025' from 5th May to 9th May 2025, engaging key stakeholders from across the energy sector to explore sustainable, future-ready solutions in flow measurement and systems. Held at three strategic locations — Dubai, Ruwais, and Fujairah — the series of seminars welcomed over 100 participants from more than 25 leading companies, including ADNOC, Kuwait Energy, Dubai Petroleum, Borouge, Fertiglobe, and CPECC. The initiative was designed to showcase KROHNE's latest technologies, strengthen customer relationships, and highlight its comprehensive portfolio of system solutions and services, while placing strategic emphasis on innovation, operational efficiency, and ESG commitments. The seminars featured a lineup of expert-led technical presentations covering essential topics for the region's evolving energy landscape. A notable highlight of Technology Showcase Week was the announcement of expanded regional training capabilities — reaffirming KROHNE's commitment to knowledge-sharing, operational excellence, and regional capability development. The seminars featured a series of expert-led technical presentations covering key areas of operational efficiency and flow measurement innovation. Presentations and topics included: Coriolis Mass Flowmeters — Hassan Al Rawni, International Product Manager Optisonic Ultrasonic Flowmeter Series — Gert Jan Van Os, International Product Manager Summit 8800 Flow computer — Tony Van Weers, International Product Manager Pipeline Leak Detection Systems — Ashok Masand, Middle East and Africa Sales Manager Calibration and Maintenance Excellence — Alok Khatlawala, Middle East Sales Manager Digital Systems and Solutions Portfolio — Amit Chauhan, Middle East Manager Jay Gadhavi, Middle East Regional General Manager at KROHNE, shared his thoughts on the week's success: 'Technology Week was a great chance to connect with our customers and partners and show what has made KROHNE special for over a century now — real collaboration, deep expertise and strong relationships. We believe lasting success comes from working closely with people — whether it's customers, colleagues, or industry peers. These seminars are part of our promise to deliver smart, sustainable innovation that fit the region's needs, while helping build a fairer future through better measurement and local know-how. At the heart of it all is human connection — that's where the real impact happens.' ABOUT KROHNE The KROHNE Group is a global manufacturer and provider of process instrumentation, measurement solutions and services in many industries. Founded in 1921 and headquartered in Duisburg, Germany, we offer local contacts for instrumentation projects of any size in over 100 countries. KROHNE stands for innovation and highest product quality as one of the market leaders in the process industry. KROHNE, as a family-owned century-old entity, has a vested interest in empowering our customers in a just transition towards net zero and is proud to be AHK's (German Emirati Joint Council for Industry and Commerce) Sustainability Series partner, a member of the United Nations Global Compact UAE chapter and a member of IRENA's Alliance for Industry Decarbonisation. KROHNE is also ECOVADIS Silver Certified. KROHNE is an independent family-owned business, fully owned by the Rademacher-Dubbick family. KROHNE ensures they put people and planet before profits through highly engineered industrial measurement technology that make sustainable business decisions easier. Visit for more information. For further information please contact: Jonathan Ashton Head of Marketing and Communications KROHNE Middle East and Africa Expo City Dubai Sustainability District, 6 Mangrove Quarter A Unit 1 Second Floor P.O. Box 17344 Dubai United Arab Emirates
