Middle East to Grow Asphalt Production, an Industrial Info Market Brief

Asphalt production is set to increase in the Middle East, and $660 million in investment is planned in this sector by mid-2023. Iraq is to see $400 million in investment at its Karbala, Missan and Kirkuk facilities, while Oman and Egypt will each see $70 million in investment. Iran has $80 million in investment planned at Qeshm Refinery, and Saudi Arabia will see $40 billion spent at its Ras Tanura Refinery. Click here for a list of projects.