Joint venture for alkoxylates

Clariant has signed a Memorandum of Understanding (MoU) with Saudi Kayan, a Saudi joint stock company operating in the field of chemicals, polymers and specialty products.

As defined by the MoU, both parties have agreed to evaluate the formation of a joint venture with the aim of establishing a manufacturing facility for alkoxylates. This facility is planned to combine Clariant’s alkoxylates production technology with Saudi Kayan’s raw materials and would therefore be based within Saudi Kayan’s Petrochemical Company complex in Jubail Industrial City, Saudi Arabia.

Alkoxylates are a downstream product of ethylene oxide and are used in a variety of specialty applications in Clariant’s home care, personal care and industrial application segments.

 

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