PolyOne opens color concentrates plant in Saudi Arabia

By Frank Esposito
Senior Staff Reporter

Published: April 10, 2013 9:25 am ET

Related to this story

Topics Materials Joint Venture Materials Suppliers
Companies & Associations PolyOne Corp.

AVON LAKE, OHIO -- Materials firm PolyOne Corp. has opened a color concentrates plant in Saudi Arabia through a joint venture with a Saudi company.

The $14 million plant was opened April 9 in Jeddah. It will be operated by Juffali PolyOne Masterbatch Co. Ltd., a joint venture between Avon Lake, Ohio-based PolyOne and E.A. Juffali & Bros. Ltd., a Jeddah-based industrial conglomerate.

Material made at the plant will be sold within the Middle East. The two firms have worked together on sales in the region for almost 30 years. PolyOne owns 51 percent of the JV, which first was announced in late 2011.

In an April 9 news release, PolyOne Chairman, President and CEO Stephen Newlin said that the opening of the plant “solidifies our ability to bring enhanced value and improved collaboration to our current and future customers.”

Juffali also is involved in joint ventures with U.S. plastics and chemicals firms Dow Chemical Co. of Midland, Mich., and DuPont Co. of Wilmington, Del. Juffali’s work with Dow includes a polyurethanes feedstocks plant in Jeddah.


Comments

PolyOne opens color concentrates plant in Saudi Arabia

By Frank Esposito
Senior Staff Reporter

Published: April 10, 2013 9:25 am ET

Post Your Comments


Back to story


More stories

Image

DuPont exec: Still lots of lightweighting needed in the auto industry

March 23, 2015 6:00 am ET

In that role, Jeffrey Sternberg is responsible for bringing the breadth of DuPont advanced materials — as well as renewably sourced materials...    More

Image

Survey: New resins required to meet evolving industry needs

March 23, 2015 9:14 am ET

The work of materials firms is far from over, according to the results of a recent survey conducted by DuPont Co. and Plastics News.    More

Image

Hall of Fame: Norwood honored for his invention of the loop reactor

March 22, 2015 6:00 am ET

Donald Norwood's invention in 1957 of the loop reactor to produce polyethylene slashed production costs by 70 to 80 percent, and the material spread...    More

Image

Proposed Cardia-Stellar merger labeled 'not fair,' but still 'reasonable'

March 20, 2015 10:34 am ET

If the proposed merger of two Australian bioplastics companies goes ahead, the new company will be called Secos Group Ltd. and have annual sales of...    More

Image

Resin prices continue downward slide

March 20, 2015 6:00 am ET

The plastic resin market may not be known for its limbo dancers — but buyers continue to look at prices and sing out: How low will they go?    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events