MOSCOW (MRC) -- The Lubrizol Corporation has recently announced new partnerships with distributors, Al-Shihab Al Thahabi and Al Azzaz, based in UAE and Saudi Arabia, respectively, as per GV.
Al-Shihab Al Thahabi will distribute the Lubrizol Engineered Polymers portfolio for solvent-based adhesives and elastomer applications in the following countries: Kuwait, Oman, Qatar and United Arab Emirates.
Al Azzaz will distribute all Lubrizol Engineered Polymers product ranges in the territories of Bahrain and Saudi Arabia. They have warehouses, which are fully compliant with local laws and safety requirements, in all the cities in which they operate. Besides raw materials, Al Azzaz also sells plastic processing equipment for PVC and cable compounding, film and sheet, and pipe extrusion.
Jesus Santamaria, EMEAI (Europe, Middle East, Africa, India) engineered polymers business director, commented, "Our new distributors are appropriately located throughout that region to cover the specific needs and trends of a wide customer base; their excellent knowledge of the industry, combined with our innovative and durable solutions for specialized markets like wire and cable and hose and tubes make the partnerships a great fit."
As MRC wrote before, in early 2016, speciality chemicals major Lubrizol Corporation announced the commencement of its USD50 million chlorinated polyvinyl chloride ( CPVC) compounding plant in Dahej. This was the company's first CPVC compounding plant in the country, and it claimed that it is the first such in India by any global major. The plant has a capacity to produce nearly 55,000 tonnes of compounds annually. The company invested over USD50 million (Rs325 crore) on this facility. This is part of the USD200 million (Rs1,300 crore) investment announced by Lubrizol in 2013, which included the opening up of a resin manufacturing plant at Rayong, Thailand and an expansion facility at Louisville, Kentucky, USA.
The Lubrizol Corporation, a Berkshire Hathaway company, is an innovative specialty chemical company that apart from its production develops and supplies technologies to customers in the global transportation, industrial and consumer markets. Lubrizol is providing innovative solutions for its customers high-performance application needs and remains committed to ongoing investment in its CPVC capabilities that support future growth. With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,000 employees worldwide. Revenues for 2013 were USD6.4 billion.
MRC