International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
Abu Dhabi’s Arkan plans lime plant in Al Ain
The plant will produce more than 1,000 tonnes of lime per day using indigenous raw material.
December 13, 2010 10:17 by Reuters
Arkan Building Materials Co. said on Sunday it plans to set up a lime plant in Al Ain to meet growing demand from industries in the United Arab Emirates.
The plant will produce more than 1,000 tonnes of lime per day using indigenous raw material, the firm said in a statement to the bourse.
Production is scheduled to begin in 2012, Arkan said without stating the investment outlay.
The UAE is investing billions of dirhams in industry, infrastructure and tourism as part of the economy’s diversification strategy.
(Reporting by Stanley Carvalho; Editing by Amran Abocar)