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21 Jan
08:24

Saudi-Korean joint venture to build casting, forging plant

Saudi Arabian Industrial Investments Company (Dussur), Saudi Aramco, and South Korea’s Doosan Heavy Industries & Construction Co., a subsidiary of the Doosan Group, have formed a joint venture. This will construct, own and operate an integrated steel casting and forging facility in the industrial city of Ras Al Khair, Saudi Arabia, Kallanish notes. The JV, named Tuwaiq Casting & Forging Company, will focus on sand casting and open-die forging, coup…
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