Mar 5 2010
Dow Formulated Systems, a global business unit of The Dow Chemical Company (Dow) and E.A. Juffali & Brothers, announced they signed a business alliance in their polyurethane systems business. With this alliance, in addition to combining highly competitive offerings of innovative products and services, the construction of a modern, safe and highly competitive manufacturing plant, for the production of polyol blends, is planned for 2010, in the city of Jeddah, Saudi Arabia.
“This alliance reinforces Dow Formulated Systems' commitment to our customers and the industries we serve in the Middle East. Our longstanding business relationship with E.A. Juffali & Brothers has offered the conditions for this significant step ahead that further accelerates the implementation of our global business strategy based on our unique, wide and detailed presence, market knowledge and customers intimacy,” said Juan Antonio Merino, General Manager of Dow Formulated Systems, the new global business unit of Dow that combines the Company's Polyurethane Systems and Epoxy Systems capabilities, potential in research and development, technical service and tailored production serving its growing customer base with a global network of 30 system houses.
“We have been partnering with Dow in a variety of businesses since 1976, and this important alliance allows us to further strengthen our relationship, increasing our ability to sustain the dynamic growth of our customers in this region. By investing in a new dedicated manufacturing plant in Jeddah, we ultimately strive to facilitate our loyal customers' success in their respective markets, anticipating their needs and helping them fulfill their aspirations” said Dr. Souahil El Farouki, General Manager of Juffali Chemical Group. “The planned facility will produce Dow formulated polyols and the respective Dow Polyurethane Systems will be marketed in the region. The alliance with Dow is instrumental to ensure the new plant competitiveness, sustainability and long term success,” Dr. El Farouki added.
Source: http://www.eajb.com/