Bahrain's Nass, UK's Wring plan joint venture

(MENAFN) Bahraini Nass Asphalt plans to sign a joint venture with the UK-based Wring Group in the following two months, according to Gulf Daily News. Gulf Demolition and Recycling Company, Nass Asphalt, will be responsible for industrial demolition, removal of hazardous materials and recycling. The two companies yesterday signed a memorandum of understanding (MoU) at the ninth Middle East Refining and Petrochemicals Conference and Exhibition, Petrotech 2014, at the Bahrain International Exhibition and Convention Centre, which is expected to lead to the creation of the company.