Saudi Arabia expects that solar power

The Kingdom of Saudi Arabia is planning 10 percent of the introduction of the Sun until 2020 derive and finally emerge as the world's largest source of solar energy.

The Saudi Government hopes that the country can generate 5 gigawatts of solar energy by 2020.

The Government hopes that the Kingdom will create up to 15,000 jobs emerging solar industry and is encouraging the development of solar parks, plants for the processing of raw materials and Assembly and other associated facilities.

Investors have pledged to more than 3 billion USD solar panel component plants in Al Madinah province of Yanbu port and to finance in Jubail city in the Eastern province.

A USD 380 million polysilicon plant on the Gulf Coast will be built and will initially produce up to 2014 3,350 tonnes of solar grade polysilicon.

The development of local solar power and national efforts to generate the KSA, efficiently manage and distribute energy, and other vital resources be 2012 - on focus at Saudi of the 15th International show for electricity, lighting, power generation, water technology and HVAC for Saudi Arabia from may energy 7, 10, 2012 at Riyadh International Convention & Exhibition Center in Riyadh stattfindetSaudi Arabia.

Saudi energy is one of the largest and very special energy exhibitions in the region. The 2012 Edition offers once again a focal point networking and transactions site on all aspects of the field energy of energy production and lighting, water technology, air conditioning and electric power.

"Energy is such a broad, exciting and constantly expanding industry, a hard time covering a single, typical fair, would have," said Khaled Daou, project manager of the Saudi power in Riyadh exhibitions company.

"The Saudi energy Expo was created to combine what would have been of multiple events in a single mega-show energy facilitating bonding between different segments." The focus is also on solar, nuclear and other alternative forms of energy to effective demand keeping the oil-for-export markets. "This event is an excellent collection of industry players, latest technologies and world-class products and services in one of the most promising energy markets in the world."

Saudi 2012 four are energy of Saudi of Arabia's top energy similar programmes to reintroduce:

SAUDI ELENEX 2012: the 15th International electrical engineering, power generation & distribution exhibition, under the auspices of the Ministry of water and ElectricitySAUDI LUMINEX 2012 take place: 12th International lighting equipment ShowSAUDI AIRCON 2012: the 13th International exhibition on air-conditioning heating, ventilation & RefrigerationSAUDI water TECH: the 9th International exhibition for water Technology.

View the original article here

Saudi Aramco Opens New Yanbu Gas Network

Monday, October 17 - 2011 at 09:42 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.

AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.

In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.

View the original article here

Saudi Aramco, Dow characters Sadara JV shareholder's agreement

His Excellency, the ceremony of Ali Ibrahim Al-Naimi, Saudi Arabia Minister for petroleum and mineral resources and Chairman of Saudi Aramco Chair; His Excellency Dr. Ibrahim Al-Assaf, Saudi Arabia Minister of for finance; His Royal Highness Prince Saud ibn Abdullah ibn Thunayan, Chairman of the Royal Commission for Jubail and Yanbu; and his Royal Highness Prince Faisal bin Turki Bin Abdulaziz Al-Saud, Advisor, Ministry of petroleum and mineral resources and guests of both companies were in attendance at the milestone.

Today's event is another important step forward for Sadara consisting of 26 production cells, of which there are some "mega projects" in itself. After is the JV of complex one of the world's largest integrated chemical installations, and was the largest ever built in a single stage. Saudi Aramco Dow announced and, to make their respective Board permissions the JV on the 25 July 2011.

Some more than 100 kilometres from where signed Al-Falih and Liveris, run bulldozers, graders and roles with site preparation for the world, mixed feed cracker extensive hydrocarbon infrastructure integrated with Saudi Aramco.

"Sadara is an exceptional and unique venture, which on the strengths of Dow and Saudi Aramco, diversified and needs throughout the region and also provide growth special materials and chemicals will build", said Andrew Liveris, Chairman and Chief Executive Officer at Dow.

"This first partnership is really unprecedented and is very well positioned, the value on all fronts;" Transformation of the Saudi economy, as well as the entire chemical industry, at the same time. This is a great moment for Dow, our partner of Saudi Aramco, and for the population of Saudi Arabia. "I congratulate everyone who has worked so hard to see that vision become a reality," Liveris said.

The annual sales of about $10 billion in a few years operation should Sadara during post to supply Saudi of Arabia industrial diversification. The planned product portfolio of the Kingdom of huge natural resources value chains added to and complement the existing chemical landscape. Finally, the joint venture in Saudi Arabia will be strategy, not only a strategic chemicals and plastics producer, but also as hub for future downstream products.

Saudi Aramco President and Chief Executive Officer Al-Falih, said: "Sadara is a milestone for Saudi transform Aramco and a cornerstone of our downstream growth strategy, which will further complement our significant oil value chain." As the world's largest integrated and most reliable provider of energy and petroleum based derivative products, our strengths complement the Dow, the world's leading chemical company with a global track record and unique collection of chemicals technology.

"I am confident that Sadara petrochemical industry become a game-changer in the Kingdom, as it has all the necessary ingredients for success." It is a unique partnership, which will be a success for generations to come. We are Sadara, which is a prerequisite for the further economic development, entrepreneurship and employment in Saudi Arabia, "added Al-Falih."

The JV and related investments are intended to generate thousands of direct and indirect employment opportunities. For the JV alone, by the end of 2011 Dow and Saudi aspire to Aramco hundreds of Saudi nationals as the first batch of technical trainees for competitive and unique production and engineering training programs advertise.

With Dow cutting-edge product technologies and Saudi Aramco World class project management and execution, produce the production cells a variety of performance products such as Polyurethanes (polyether polyols, isocyanates), propylene oxide, propylene glycol, elastomers, linear low density polyethylene, low density polyethylene, glycol ether and amines. Sadara is in a regional area of eight States, including the Kingdom expel. Dow will leverage on its global marketing expertise to market and sell to the rest of the world in the name of Sadara.

First production units are expected to come on line in the second half by 2015. All units are expected to be operational in 2016.

View the original article here

Saudi plans crude burn boost for power generation

Replication or redistribution in whole or in part info FZ LLC is expressly prohibited without the prior written consent of AME / Emap limited.

The information in this section is contained neither, nor is as out, a call take a person any form of investment decision. The content of the AMEinfo.com not constitutes advice or a recommendation by AME Info FZ LLC / Emap limited and should be understood not in making (or refraining making) any decision on investment or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or decisions based on information on this website AMEinfo.com.

AME Info FZ LLC / Emap limited can not be, liable or responsible in any way for the advice, suggestions, recommendations or comments by one of the contributors to the various columns on the AMEinfo.com Web site nor the opinions of the contributors necessarily reflect that of AME Info FZ LLC / Emap limited.

In any case, AME Info is FZ LLC / Emap limited be liable for damages of any kind, including, without limitation, direct, special, indirect, consequential, or incidental damages or damages for lost profits, loss of revenue, or loss of use, arising out of or in the context of the AMEinfo.com Web site or the information contained, whether such damages Statute, in equity, arising in contract, negligence, tort, statutory or otherwise.

View the original article here

Siemens announces major investment in Saudi Arabia

It is planned to be government approvals and permissions operating 18 months after the final. Start making many job opportunities to create and start page be hub to both international and Saudi experts.

"The establishment of this production facility in the Kingdom of Saudi Arabia is a natural progression of our historical ties to the country", says Peter Loescher, President and Chief Executive Officer of Siemens AG. "The Center is State-of-the-art and the latest sustainable technology to produce." "Thus the Center is a job machine both be Center of excellence for engineering."

The investment decision was announced during Peter Loscher Khalid A. Al Falih, President and CEO Saudi Aramco and Ali S. Al Barrak, President & CEO Saudi electricity company, other senior executives of Saudi Aramco and Siemens in Saudi Arabia met last week.

Siemens involved gradually more than 1000 jobs in the new plant. It is estimated in the broader context of creating approximately 3,000 indirect jobs in the Eastern province where the factory is built. Siemens training the young Saudis further boost giving, by building technology expertise through professional training, based on the German concept. This proven and successful concept includes theoretical courses and "on the job" teaching applied.

Khalid A. Al Falih, President and CEO, Saudi Aramco says of the investment plan "Siemens has a stellar global reputation for technology and innovation culture." You have with Saudi Aramco and the Kingdom have worked and Saudi Arabia by contributing to the development of products and services over many decades. "Their balance in our country covers many fields of power generation up to health care on various aspects of oil and gas production and processing, and I am convinced that the establishment of a manufacturing hub and quality jobs Saudi Arabia for technological will make a significant hub excellence."

"We are proud to continue our successful history in Saudi Arabia with this outstanding project", says Wolfgang Dehen, CEO of energy sector Siemens AG. "The country and the region are quickly develop." "There is a clear demand for sustainable and efficient energy and the ramp-up of technology expertise and positions for ambitious young people."

"Develop the Kingdom of Saudi Arabia, to create the latest technologies and expert and engineering expertise for the energy industry in the Kingdom urges." To engage how Siemens support with a global leader in innovation, the Kingdom will make best use of natural resources and its vision of a knowledge-based society to realize. "This commitment from Siemens will strengthen the partnership between the two companies," said Ali S. Al Barrak, President & CEO Saudi electricity company.

Mr. Abdulrahman F. Al-Wuhaib, Senior Vice President of operations services, Saudi Aramco, said that an important milestone on two strategic fronts for Saudi Aramco. On the one hand supports it the corporate strategy to increase local participation in procurement activities, where Siemens and Saudi Aramco corporate procurement agreement (CPA) announced. This agreement is another corner stone which develop intensive and progressive relationship with Saudi Arabian company. On the other hand, brings Siemens participation of the world's best technologies in the direction of the company to take efforts to improve the Kingdom energy efficiency and reduce energy intensity.

View the original article here