Saturday, August 13, 2011

Dow to Invest in Water Technology in Saudi Arabia

The Dow Chemical Company announced plans to invest in a best-in-class manufacturing facility for DOW FILMTEC™ reverse osmosis (RO) elements in the Kingdom of Saudi Arabia.


“Dow has a 50-year history of innovation and market leadership in the water industry. Saudi Arabia and nearby emerging markets represent a tremendous opportunity for Dow. Our plan is to complement our commercial presence with a manufacturing footprint, thereby bringing us closer to regional customers and strengthening the global competitiveness of our water business,” said Jerome Peribere, Dow executive vice president and president and chief executive officer, Dow Advanced Materials.


The proposed facility would deliver local supply security of cutting-edge technologies for water desalination and water re-use for potable, non-potable and industrial water serving Saudi Arabia, the surrounding Middle East and North Africa region and emerging markets worldwide. Additionally, these water membrane technologies will deliver cost-savings through reduced energy usage and superior operational efficiencies for customers in desalination, industrial, municipal, commercial and residential sectors.


“The Kingdom of Saudi Arabia is a key market for Dow Water & Process Solutions. This new proposed world-class facility will increase our ability to deliver the most advanced, affordable and sustainable water sourcing and treatment options for desalination, wastewater treatment, and other applications,” said Dr. Ilham Kadri, commercial director for Europe, Middle East and Africa, Dow Water & Process Solutions.


Dow is committed to investing for growth in Saudi Arabia. This announcement builds on the recent decision by The Dow Chemical Company and Saudi Aramco to form Sadara Chemical Company, a joint venture to build and operate a world-scale, fully integrated chemicals complex in Jubail Industrial City, Kingdom of Saudi Arabia.


Upon completion, the joint venture is projected to be among the world’s largest petrochemical facilities and would represent the largest foreign direct investment into Saudi Arabia’s petrochemical sector. In 2009, Dow entered into a comprehensive Research and Development (R&D) collaboration agreement with the King Abdullah University of Science and Technology (KAUST), the region’s leading graduate-level research university.


 

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