Al-Hejailan Group, Dow to form JV to build polyacrylic acid and emulsion polymers plant in Saudi Arabia

SourceArabian Industry
SectorIndustrial
CountrySaudi Arabia

Al-Hejailan Group and Dow announced an agreement to form a joint venture to design, build and operate a polyacrylic acid (PAA) and emulsion polymers plant in the Kingdom of Saudi Arabia. Al-Hejailan will hold a 75% stake in the joint venture, and Dow will have 25% ownership.This partnership will enable Al-Hejailan and Dow to meet growing customer demand for coatings and water treatment applications in the Kingdom of Saudi Arabia and the broader Middle East region, as well as penetrate new markets.The plant is expected to have a capacity of 40,000 metric tonnes per year and will be built and operated by Al-Hejailan Group in Plaschem Park. The facility will utilise Dow’s manufacturing technologies, and Dow will be responsible for the marketing ...read more...