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KDIPA takes huge steps to attract technology firms

KDIPA takes huge steps to attract technology firms
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Honeywell Selected By Sidpec To Support Expansion Of Its Flagship Petrochemical Complex


Honeywell Selected By Sidpec To Support Expansion Of Its Flagship Petrochemical Complex
Latest Honeywell process automation technologies boost production performance and help increase supply of vital petrochemical products to Egyptian market
Honeywell Process Solutions (HPS) today announced that Sidi Kerir Petrochemicals Company (SIDPEC) has selected Honeywell technology to upgrade the production capabilities of its flagship petrochemical complex in Alexandria, which produces ethylene and polyethylene for the Egyptian market. The upgrade is part of an expansion of the facility to incorporate propylene and polypropylene production and increase the supply of petrochemical products to domestic and international customers. The decision was steered by Eng. Mohamed Ibrahim, Chairman at SIDPEC. ....

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Honeywell's Connected Control, Safety And Security Systems Selected For One Of The World's Largest Shipyards


Honeywell s Connected Control, Safety And Security Systems Selected For One Of The World s Largest Shipyards
Lead contractor SEPCO selects Honeywell s software-based control, power management, telecommunications, fire and gas safety and security technologies for the King Salman International Complex for Maritime Industries and Services
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HOUSTON, Feb. 3, 2021 /PRNewswire/ Honeywell (
NYSE: HON) has been awarded a major contract by SEPCO Electric Power Construction Corporation (SEPCO) to supply connected control, telecommunications, safety and security systems for the King Salman International Complex for Maritime Industries and Services shipyard being developed by Aramco in Ras Al-Khair, Saudi Arabia. ....

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Physical Access Control System (PACS) Solution Providers Consolidating in BFSI Segment: Fact.MR


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NEW YORK, Jan. 27, 2021 /PRNewswire/ Award winning market research company Fact.MR has recently published a report on the physical access control system (PACS) market. According to the study, the market is expected register noteworthy growth in 2021 over 2020, attributed to heightened usage across key industries ranging from BFSI to retail and communications. Long-term growth appears highly optimistic, with projections estimating a CAGR exceeding 9% from 2021-2031.
In spite of a deceleration experienced in the wake of the pandemic crisis, the popularity of PACS is regaining momentum. In addition, burgeoning online business transactions in the wake of deepening e-commerce penetration and the advent of Industry 4.0 have also served to heighten prospects for PACS in recent years. The National Retail Federation of the United States estimates a nearly 4% increase in virtual retail sales since 2017. E-commerce sales registered double-d ....

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