Addivant expands Saudi capacity
ERJ staff report (TP)
Al Jubaïl, Saudi Arabia – US-based speciality additive supplier Addivant announced on 18 March the completion of the first phase of capacity expansions at Gulf Stabilizers Industries (GSI), the company’s joint venture in Al Jubaïl, Saudi Arabia.
This is a response to the “rapid expansion of the Middle East polymer industry over the past two decades”.
Once completed, the production capacity of its hindered phenolic antioxidants will double to 10,500 tonnes.
GSI is a joint venture between Addivant and Zamil ChemPlast, one of Saudi Arabia's leading industrial manufacturing companies.
“We have worked closely with our customers in the Middle East since 2001, when we were the first additive company to invest in the region,” said Peter Smith, Addivant CEO and GSI Chairman of the Board.
Addivant, based in Connecticut, works in the field of polymer additives, and has a portfolio which includes rubber additives, polymer modifiers, and polymerisation inhibitors. It has 11 plants on five continents, as well as research, manufacturing and sales facilities around the globe.
Zamil ChemPlast is one of the largest industrial companies in Saudi Arabia, and manufactures specialty chemicals, plastic processing and industrial rubber products.
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Press release from Addivant