New JV formed to serve GCC region

  • Date: 01-Oct-2020
  • Source: Gulf Today
  • Sector:Industrial
  • Country:GCC
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New JV formed to serve GCC region

Top officials during the signing of the joint venture agreement in Dubai on Wednesday.

Sajjad Ahmad, Gulf Today

Dubai: Japanese multinational, Kurita Water Industries, through its subsidiary Kurita Europe GmbH, an international leader in water and process specialty chemicals, and UAE-based AquaChemie DMCC, a leading regional process industry player, have signed a strategic agreement to set up a joint venture company, under the name of Kurita AquaChemie. The JV will leverage both companies' complementary strengths for water and process treatment chemicals solutions for the refinery, petrochemicals, fertilizer, power and desalination, paper, and metal industries in the GCC region.

Kurita AquaChemie will be the single face for customers in the wider GCC region and is all set to offer solutions to customers, who will now benefit from technologically innovative Japanese programmes fully backed by