PhD | Director Therapeutic Innovation and BaseLaunch
Tel. +41 61 295 50 17stephan. emmerth@baselarea. swiss
Specialty chemicals company Clariant has opened a new production site in Saudi Arabia, where it will produce masterbatches. It is also increasing production capacity in Mexico.
The new production site in Yanbu, a city on the Red Sea, is owned by Clariant Masterbatches Saudi Arabia, a joint venture between the Basel-based Clariant and Rowad, a leading plastic products manufacturer.
“As part of its commitment to intensify growth and increase profitability, Clariant invests in capacity expansions that provide competitive and innovative solutions to its customers,” Clariant CFO Patrick Jany said in a statement.
The new facility will focus on the production of white masterbatches, which are plastic additives in granular form. The site enjoys easy access to key raw materials and is located close to the seaport and airport, allowing Clariant to supply customers in Saudia Arabia, the Middle East and Africa. Yanbu is also home to many of Saudia Arabia’s “leading industries including petrochemicals, hydrocarbon and minerals”.
Clariant Masterbatches operates a second Saudi manufacturing hub in Riad.
Clariant is also increasing production capacity by around 15 per cent at one of its industrial facilities in Coatzacoalcos, Mexico. The investment will strengthen the company’s ability to serve industrial and consumer markets, not only in Mexico and in the Americas, but around the world too.
“To make progress on our way to becoming a leading specialty chemicals company, Clariant focuses on the allocation of investments in areas with excellent growth potential,” Clariant CEO Hariolf Kottmann said in a separate statement.
“One of these important strategic markets in the Americas is Mexico, particularly due to its growth potential, its export strength and our highly motivated and qualified workforce.”