Kurita Europe GmbH, an international leader in water and process specialty chemicals, and UAE-based AquaChemie DMCC, a leading regional process industry player, have signed a strategic agreement to set up a joint venture company, under the name of Kurita AquaChemie.
The JV would leverage both companies’ “complementary strengths for water and process treatment chemicals solution for the refinery, petrochemicals, fertiliser, power & desalination, paper, and metal industries in the GCC region”.
Kurita AquaChemie will operate the two new production plants in Dammam, Saudi Arabia, and Jebel Ali, Dubai, UAE, and be the single face for the wider GCC region’s customers.
These two production sites were commissioned in H1 2020. It is all set to offer solutions to customers, who would benefit from technologically innovative Japanese programmes fully backed by local production, resources, and prompt customer service.
An agreement to officially form the new joint venture was physically signed in Dubai on 30 September, 2020, by Lorenzo Carollo, CEO of Kurita Middle East, and Subrato Saha & V Anandkumar, directors of AquaChemie DMCC, in the presence of top JAFZA officials.
For more information visit www.aquachemie.com