Middle East Economic Survey

VOL. LIII

No 32

9-Aug-2010

UAE

$400Mn Polysilicon Plant Planned For UAE

Dubai-based investment firm MBM Holdings has announced plans to invest $400mn in a new facility that will produce solar-grade polysilicon, which is used to manufacture solar panels. The plant will have an initial capacity of 2,500 tons/year and is expected to begin production by early 2012, ahead of a similar facility being constructed in Saudi Arabias Jubail Industrial City 2, which will produce...