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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.
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MENAFN0707201700450000ID1095604957
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