Saudi Arabia: Downstream Plastics Industry Local Production of Masterbatches for the Middle East
Clariant has opened a new masterbatch production site in Yanbu, Saudi Arabia — a city on the Red Sea which is home to many of Saudi Arabia's leading industries including petrochemicals, hydrocarbon and minerals.
Muttenz/Switzerland — The site is owned by Clariant Masterbatches Saudi Arabia, a JV between Clariant and Rowad, a plastic products manufacturer and part of Tasnee, Saudi Arabia's second largest industrial company. It has been constructed on a 38,000 m2 property in Yanbu Industrial Zone 2 and will focus on the production of white masterbatches.
This location provides easy access to key raw materials and enables it to supply customers in Saudi Arabia as well as the wider Middle East and Africa region thanks to a good logistics network that includes the nearby seaport and airport. It is the second manufacturing hub for Clariant Masterbatches in Saudi Arabia, supplementing an existing site in Riyadh.
Patrick Jany, CFO of Clariant, said that the joint investment with Rowad (Tasnee) expands the global network with a stronger position in the Middle East and Africa region, which he describes as one of the important growth markets for plastic applications.