Abstract

Switzerland's Clariant has opened its new state-of-the-art masterbatch production facility in Yanbu, Saudi Arabia. Yanbu's location on the Red Sea coupled with its good logistics network provides the plant with ready access to raw materials as well as enabling it to supply customers in Saudi Arabia and the wider Middle East and Africa region, the company says. Clariant's ties with the country have also been increased through the acquisition by Saudi Basic Industries Corp (SABIC) of a 24.99% stake in the company.

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