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The Dow Chemical Company will build a new manufacturing facility in Jubail Industrial City for its Dow Coating Materials (DCM) business unit in Saudi Arabia.
The facility will manufacture coatings solutions for growing domestic and export markets.
“By investing in a new coatings facility in Saudi Arabia, we are moving closer to our regional customers, and realising our regional business objectives in a key growth market for Dow,” said Jerome Peribere (pictured above), Executive Vice President of The Dow Chemical Company and President and Chief Executive Officer, Dow Advanced Materials Division (AMD) said in a company statement.
“Our investment in a new world-class coatings facility will support our growth ambitions by bringing the most advanced and sustainable coating materials to the Saudi market and by enabling us to deliver innovation that is tailored to the region’s needs,” said Dr. Ilham Kadri, General Manager, AMD Middle East & Africa. “Additionally, we will look to create new highly-skilled jobs in the Saudi market, and support the Kingdom’s vision to establish sustainable policies and practices in the industry”.
“We are committed to helping our customers rethink coatings by working closely with paint and coating formulators worldwide to develop breakthrough technologies that are differentiated. Our new investment in Saudi Arabia will deliver the solutions our regional customers want, without compromising on cost or sustainability profile,” said Anton Van Beek, General Manager, DCM Europe, Middle East & Africa (EMEA).
The new facility is the latest in a series of investments by Dow in Saudi Arabia. Dow recently announced plans to invest in a best-in-class manufacturing facility for DOW FILMTEC™ Reverse Osmosis (RO) elements in the Kingdom.
Dow Coating Materials operates 43 manufacturing plants worldwide and 13 dedicated R&D facilities around the world.