FINANCIAL NEWS

Dow aims to build USD100mn polymer facility in KSA

07 Jul 2017

(MENAFN) U.S.-based Dow Chemical Co. proclaimed plans to build a new state-of-the-art manufacturing facility in order to produce a range of polymers for coatings and water-treatment apps in KSA.

Additionally, the coatings facility will service the needs of the Saudi market with an innovative range of acrylic-based polymers for industrial and architectural coatings.

Meanwhile, the investment will make almost 1.000 jobs amid peak construction and almost 100 high-skilled, full-time operations jobs in the kingdom.

Furthermore, the firm has also inked a deal for a feasibility study linked to an offered investment in the firm”s Performance Silicones franchise.

MENAFN0707201700450000ID1095604957

MENAFN0707201700450000ID1095604957

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more