Milan, Italy/Dubai, UAE -- Dow Formulated Systems, part of the Dow Chemical Co., is to construct a new plant in 2010 in alliance with E.A. Juffali & Brothers in Jeddah, Saudi Arabia, to produce formulated polyol blends and PU systems, a 3 March joint statement said.
"The planned facility will produce Dow formulated polyols and the respective Dow Polyurethane Systems marketed in the region," said Souahil El Farouki, general manager of Juffali Chemical Group, in a Dow statement. "By investing in a new dedicated manufacturing plant in Jeddah, we ultimately strive to facilitate our loyal customers' success in their respective markets."
The new plant, which will initially produce polyol blends for rigid polyurethane foam for construction insulation, is expected to start up in December 2010, a Dow spokesperson confirmed. Dow said the new plant will shorten delivery times for its products currently imported from outside the region, and increase the cost competitiveness of its local offer.
"This alliance reinforces Dow Formulated Systems' commitment to our customers and the industries we serve in the Middle East," said Juan Antonio Merino, general manager of Dow Formulated Systems.
Financial details were not disclosed.
Dow Formulated Systems is a new business unit that combines the company's polyurethane systems and epoxy systems capabilities and global network of 30 systems houses. (RD)"