Emirates Global Aluminium, the largest industrial company in the UAE outside the oil and gas sector, today signed an agreement with Gulf Extrusions, which is owned by the Al Ghurair Group, on the innovative reuse of industrial by-products derived from production operations, as an alternative to using raw materials. The agreement adds to the efforts of Emirates Global Aluminium to reuse waste as Primary materials, in cooperation with other industries. Pursuant to the agreement, Gulf Extrusions will provide Emirates Global Aluminium with some 450 tonnes of consumed caustic soda from…
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China to help Pakistan seize wave of technological revolution
In the context of the fourth industrial revolution and the digital economy, new industries are emerging, and China will help Pakistan seize the wave of the technological revolution to “overtake” and achieve leapfrog development. In particular, in the process of promoting industrial cooperation and industrial park construction in China Pakistan Economic Corridor (CPEC), it is necessary to firmly grasp the opportunity of science and technology innovation to lead economic development, actively apply new technologies and cooperate in emerging industries, such as energy conservation and environmental protection, electronic communication, bio-industry, new…
Read MoreMilestone Achieved on Mohmand Dam
The Pakistan Water and Power Development Authority (WAPDA) has achieved yet another major milestone towards completion of river diversion system of Mohmand Dam Project, as two portions of Diversion Tunnel 2 of the project have been connected with precision. The project management achieved this milestone today during the mining operation at the diversion system by breaking through two portions of Diversion Tunnel 2 – one from the access tunnel side while the other from outlet portal. WAPDA Chairman Lt Gen Muzammil Hussain (Retd), Mohmand Dam General Manager and Project Director…
Read MorePakistan to auction oil, gas blocks by year-end
Pakistan has announced that it will auction highly lucrative oil and gas exploration blocks, mainly the ones earlier awarded to exploration firms but their deals were later cancelled or remained under litigation, by the end of the year in an effort to increase hydrocarbon production. This would also help reduce the country’s reliance on expensive imported fuels. The government unveiled the strategy to increase local production and overcome energy scarcity after booking four import cargoes (ships) of liquefied natural gas (LNG) at a high price of over $15 per million…
Read MoreGovt puts AEDB CEO hiring on hold
The government has put the appointment of Alternative Energy Development Board (AEDB) chief executive officer (CEO) on hold following its merger with Private Power and Infrastructure Board (PPIB). Meanwhile, Prime Minister Imran Khan has directed the Power Division to expedite the legislative process for merger of AEDB with PPIB. The Power division said that hiring of the AEDB CEO is not feasible from open market at this stage of merging the two entities. The Power Division briefed the cabinet in a recent meeting that the AEDB was a statutory organisation…
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