Ciba inks production-cum-marketing JV with Saudi Co to extend antioxidant blends in Middle East

08-Sep-08
Ciba, a specialty chemical maker in Switzerland has inked a joint venture with a Saudi Arabian company, Astra Polymers to extend the production and marketing of its antioxidant blends in the Middle East. The JV under the name, Ciba-Astra Additives will be based in Saudi Arabia to manufacture and market customer-centric an antioxidant blends in Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the UAE. In addition, Ciba and Astra Polymers will also initiate the feasibility study for an antioxidant plant in Saudi Arabia.
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