From the opening of its first commercial office in Cairo 30 years ago, to its facility in Jebel Ali in Dubai and its 10-year partnership in Kuwait with EQUATE, Dow has managed to establish a solid presence in the Middle East petrochemicals industry.
About Dow in the Kingdom of Saudi Arabia:
Dow's presence in the Kingdom of Saudi Arabia began with E.A. Juffali & Bros. through a joint venture named the Arabian Chemical Company (Polystyrene) Ltd., which currently has two plants manufacturing STYROFOAM brand insulation - one in Jeddah and the other in Dubai. In 1995, Dow and E.A. Juffali & formed the Arabian Chemical Company (Latex) Ltd., which manufactures latex at its plant in the Eastern Province of Saudi Arabia. In 2007, Dow and Saudi Aramco signed a Memorandum of Understanding regarding the construction, ownership and operation of a world-scale chemicals and plastics production complex in Saudi Arabia, named the Ras Tanura Integrated Project (RTIP). Upon completion, RTIP is projected to be among the world's largest petrochemical facilities and would represent the largest foreign direct investment ever into Saudi Arabia's petrochemical sector.
About Dow:
With sales of $58bn in 2008 and 46,000 employees worldwide, Dow is a diversified chemical company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in around 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. On April 1, 2009, Dow acquired Rohm and Haas Company, a global specialty materials company with sales of $10 billion in 2008 and 15,000 employees worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.
About Tasnee and Sahara Olefins Company:
TSOC is a Saudi joint stock company established by Tasnee, Sahara and General Organization for Social Security. It owns 75% of the Saudi Ethylene and Polyethylene Company (SEPC). SEPC owns $2.5bn cracker complex which has recently started production at a capacity of one million tons of ethylene, 285KTa of propylene and 800 KTA of polyethylene. SEPC is 25% owned by LyondellBasell Industries.
For further information on Dow:
Hani Wassim
Dow Chemical India, Middle East & Africa (IMEA)
t +971.4.312.3668
Jad Najjar
Dow Chemical India, Middle East & Africa (IMEA)
t +971 4 312 3672
Anan Ibrahim
Account Executive
GolinHarris
P.O. Box 116462, Dubai, UAE
t +971.4.332.3308
f +971.4.331.6733
(c) 2009 Middle East Company News. Provided by ProQuest LLC. All rights Reserved.
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