BCI, CP Kelco sign deal for joint gum factory in Jubail

Updated 16 September 2013
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BCI, CP Kelco sign deal for joint gum factory in Jubail

Basic Chemical Industries Co. (BCI) has signed a memorandum of understanding with CP Kelco for jointly building and operating a xanthan gum facility to be located in Jubail.
Subject to further engineering feasibility, the plant will have a production capacity of between 5,000 and 10,000 tons. This capacity will be dedicated to oilfield application markets both within the Kingdom as well as for export. The main client for local consumption of the gum is Saudi Aramco, the world largest oil producer, and Saudi Arabia National Oil Company.
CP Kelco headquartered in Atlanta, Georgia, USA, is a major producer of specialty hydrocolloids with offices and facilities across the globe. Featuring an extensive range of specialty hydrocolloid solutions, CP Kelco leverages its capabilities to bring concepts and ideas to real-world products in a broad range of applications.
Serving over 100 countries, CP Kelco established the quality and safety standards the industry is measured against. CP Kelco ingredients touch a wide variety of industrial applications, consumer and household products, tailored to meet the needs of regional consumers. Key product lines are gellan gum, pectin, cellulose gum, xanthan gum, carrageenan, arboxymethyl cellulose, diutan gum and microparticulated whey protein concentrate, as well as other unique biopolymers.
BCI headquartered in Dammam has been listed in Saudi stock market (Tadawul) since 2008. The company has been producing basic chemicals, including chlorine, caustic soda and hydrochloric acid, and engaging in two joint ventures producing specialty chemicals.
The main clients of BCI are major industry players such as Saudi Aramco, SABIC, Procter & Gamble and major manufacturers in the GCC as well as government bodies. BCI, as parent for six companies, has wide ranging chemicals serving most of the industrial sectors.


India suspends Kashmir border trade with Pakistan

Updated 19 April 2019
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India suspends Kashmir border trade with Pakistan

  • Kashmir has been on edge since a February suicide attack that killed 40 Indian paramilitaries
  • India said it had reports that trade on the border was being “misused by Pakistan-based elements for funnelling illegal weapons, narcotics and fake currency”

NEW DELHI: India has suspended trade across its disputed Kashmir border with Pakistan, alleging that weapons and drugs are being smuggled across the route, as tensions simmer between the nuclear-armed neighbors.
Kashmir has been on edge since a February suicide attack that killed 40 Indian paramilitaries and brought the two countries to the brink of war with cross-border air strikes.
On Thursday, India’s government, which is in the middle of a tough national election, said it had reports that trade on the border was being “misused by Pakistan-based elements for funnelling illegal weapons, narcotics and fake currency.”
It also said many of those trading across the Line of Control, which divides Kashmir into zones under Indian and Pakistani control, had links to militant organizations.
The home ministry said trade would be suspended until a stricter inspection mechanism is in place.
The cross-border trade is based on a barter system, with traders exchanging goods including chillies, cumin, mango and dried fruit.
It began in 2008 as a way to improve strained relations between New Delhi and Islamabad, who have fought two of their three wars over the disputed region.
The Indian Express newspaper said Friday that 35 trucks carrying fruit traveling from the Indian side of the border had been stopped after the government order.
Trade on the border has been suspended before, including in 2015, when India accused a Pakistani driver of drug trafficking.
The latest move comes after India withdrew “Most Favoured Nation Status” — covering trade links — from Pakistan after the February attack, which was claimed by the Pakistan-based Jaish-e-Mohammed Islamist group.
Islamabad has denied any involvement in the attack.
India’s Hindu nationalist Prime Minister Narendra Modi has made national security a key plank of his re-election campaign, pointing to the recent flare-up of violence as he battles the center-left opposition Congress party.
He is seeking a second term from the country’s 900 million voters in the mammoth election which kicked off on April 11 and runs till May 19. The results will be out on May 23.