The growing opportunities for industrial gas involvement in the Middle East continue to gather pace, with the news that Abu Dhabi alone has a number of possible gas-consuming projects on the horizon.
Recent reports have suggested that the Abu Dhabi Holding group is interested in the possibility of building a fibre fabrics plant, in just the latest development news to have emerged.
The investment company has apparently signed a memorandum of understanding with an unnamed European firm to assess the feasibility of the plant, according to a statement issued by the firm. The plant would be used to produce non-woven fibres at the park.
ADPP, a subsidiary of Abu Dhabi Basic Industries Company (Adbic), has a remit to develop the downstream plastics industry in the emirate, while attracting local investors.
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