Swiss specialty chemicals company Clariant today officially opened its new state-of–the art masterbatch production site in Saudi Arabia. It is Clariant’s second masterbatch plant in the country. for Clariant Masterbatches in Saudi Arabia, supplementing an existing site in Riyadh.
The new site is located in Yanbu, a city on the Red Sea which is home to 32 major hydrocarbon, petrochemical and mineral industries. The new plant has been constructed on a 38,000 m2 property owned by Clariant Masterbatches Saudi Arabia, a joint venture between Clariant and Rowad, a leading plastic products manufacturer in the Middle East and part of Tasnee, Saudi Arabia's second largest industrial company. Production will be focussed mainly on white masterbatches. has. The location of the new plant is expected to help Clariant have smooth access to major raw materials,
“This joint investment with Rowad expands our global network with a stronger position in the Middle East and Africa region, one of the important growth markets for plastic applications,” said Patrick Jany, CFO of Clariant.
This location of the site provides easy access to key raw materials as well as also to sea and airport facilities, both for exporting the outputs of the plant and for supplying customers in Saudi Arabia as well as the wider Middle East and Africa region. It is the second manufacturing hub for Clariant Masterbatches in Saudi Arabia, which also has a facility in Riyadh, where the company is headquartered.
Marco Cenisio, Head of Business Unit Masterbatches, Clariant called the project one of the most important investments for the Business Unit Masterbatches in recent years.
Saeed Al Ajrafi, Board Member of the Clariant Masterbatches Saudi Arabia Joint Venture and Vice President Plastics at Tasnee, added: "We are very pleased to officially open this site. The additional capabilities allow us to grow and extend our market share in this region's downstream plastics industry."