US materials firm PolyOne has opened a speciality colour concentrates plant in Saudi Arabia in a joint venture with Jeddah-headquartered EA Juffali & Bros. The US$14 million plant was opened 9 April in Jeddah and will be operated by the joint venture company Juffali PolyOne Masterbatch. Material made at the plant will be sold within the Middle East. The two firms have worked together on sales in the Middle East for almost 30 years. The new production facility “solidifies our ability to bring enhanced value and improved collaboration for our current and future customers”, said PolyOne Chairman, President/CEO Stephen Newlin. He added, “Juffali brings its local expertise in the region to the venture, and PolyOne provides its formulation technology and material science.”
(PRA)