Riyadh, Saudi Arabia -- Dow Chemical Co. will invest in a new manufacturing facility for its Dow Coating Materials (DCM) unit in Saudi Arabia. Dow claims that the DCM unit is a premier supplier of products and technologies to architectural and industrial coatings manufacturers.
The company said the planned facility, at Jubail Industrial City, will manufacture a wide range of coating materials for both the Kingdom and for export markets worldwide.
"With an unmatched speciality portfolio of advanced materials, we constantly aim at bringing customers differentiation and solving global challenges locally together," said Jerome Peribere, executive vice president of Dow Chemical/president and ceo of Dow Advanced Materials Division (AMD), in a company statement.
"By investing in a new coatings facility in Saudi Arabia, we are moving closer to our regional customers, and realising our regional business objectives in a key growth market for Dow," Peribere added.
"Our investment in a new world-class coatings facility will support our growth ambitions by bringing the most advanced and sustainable coating materials to the Saudi market and by enabling us to deliver innovation that is tailored to the region's needs," said Dr Ilham Kadri, general manager, AMD Middle East & Africa, in Dow's announcement.
DCM operates 43 plants worldwide as well as 13 dedicated R&D facilities across major geographic markets where Dow does business.
The new facility follows a July 2011 announcement by Dow and Saudi Aramco on forming Sadara Chemical Co., to build and operate a world-scale, fully integrated chemicals complex in Jubail Industrial City, Saudi Arabia, which will include major polyurethanes raw material production - isocyanates, propylene oxide and polyols.