ENOC Group, Quantafuel and Dubal Holding have signed a Memorandum of Understanding (MoU) to study the potential of establishing and operating Plastic-to-Liquid production plants
Dubal’s OSE acquisition a major boost for Dubai
13 Feb 2021 Picture used for illustrative purpose only. Dubal Holding’s decision to acquire a majority stake in Dubai-based aluminium extrusion company OSE Industries is a major vote of confidence in the UAE economy, according to Dubai Industrial City.
The region’s largest manufacturing and logistics hub, home to OSE Industries, lauded the deal as a reflection of the growth opportunities and underlying strength in Dubai’s industrial sector.
OSE Industries began manufacturing operations in 2015 and now exports MPE, precision tubing and industrial piping across the Middle East and North Africa, Asia, Europe and the US. Its clients include a well-known US electric carmaker, as well as major players in the heating, ventilation and air conditioning (HVAC) sector.