Browse
related articles
Fahad Al-Zamil, President, Zamil Group, Jubail Operations, said:
"The underlying principle governing the operations of our company is 'Strength through Diversity' and this joint venture would be the latest step in our continued strategy of investing in higher value-added chemicals."
He continued, "We have a history of successful partnerships with Huntsman Corporation and we would be very pleased to provide the proposed JV a stable and successful base in Saudi Arabia."
Daniele Ferrari, President of the Performance Products division of Huntsman said, "This planned joint venture would make Huntsman the most global supplier of DGA and morpholine, with assets in Europe, the United States and now the Middle East. It would also fulfill part of our on-going strategy of expanding in the Middle East to better serve local and global customers, including the growing gas-treatment market in the Gulf."
He added, "Zamil Group Holding Company is a major player in the region's petrochemical industry and we are delighted to explore the opportunity of cooperating again with such a dynamic company."
Posted by Rana Mesbah
