Dow's SAMCo JV to play key role in Middle East developmental plans

The Dow Chemical Company announced further progress of the integration of Rohm and Haas in the Middle East with the news that the Saudi Acrylic Monomer Company (SAMCo) will play an integral role in Dow's development plans in the Middle East. The SAMCo plant, slated to be the first acrylic monomer facility in the region, is being built in Jubail, Saudi Arabia. SAMCo is a joint venture owned by Tasnee Sahara Olefins Company (TSOC) of Saudi Arabia and Dow. The new plant is expected to contribute to the Kingdom of Saudi Arabia in terms of economic development, industrial diversity by supplying products for local and regional markets, provide access to new markets and customers and enable the creation of more than 200 new jobs. The majority of the plant's production would supply the needs of downstream businesses to make products used in paints and coatings, adhesives, caulks, sealants, plastics additives, detergents additives and in industrial applications, among others. With a view to expand presence in the oil-rich region, Dow recently announced its intentions to establish a multi-year, multi-million dollar joint research framework with King Abdullah University of Science and Technology (KAUST) in the Kingdom of Saudi Arabia (KSA).
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