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The Dow Chemical Company has announced plans to invest in a new manufacturing facility for its Dow Coating Materials (DCM) business unit in the Kingdom of Saudi Arabia. Located at the Jubail Industrial City, the facility will manufacture a wide range of coating materials for both the Kingdom and export markets worldwide.
"With an unmatched speciality portfolio of advanced materials, we constantly aim at bringing customers differentiation and solving global challenges locally together,” said Jerome Peribere, executive vice president of The Dow Chemical Company and president and CEO, Dow Advanced Materials Division (AMD).
DCM operates 43 manufacturing plants worldwide and 13 dedicated R&D facilities across all major geographic markets where Dow does business. The facility is the latest in a series of investments by Dow in Saudi Arabia. In July 2011, Dow and Saudi Aramco announced an agreement to form Sadara Chemical Company, a joint venture to build and operate a world-scale, fully integrated chemicals complex in Jubail Industrial City. Dow also recently announced plans to invest in a best-in-class manufacturing facility for Dow Filmtec Reverse Osmosis (RO) elements in the Kingdom.