ITALMATCH CHEMICALS and BIOLAB ARABIA signed a joint venture agreement for the incorporation of ITALMATCH BIOLAB INDUSTRIAL, located in the Kingdom of Saudi Arabia

Italmatch Chemicals Group has been working in the Kingdom of Saudi Arabia for several years. Through its engagement in the Kingdom, in addition to the present Biolab JV and including the incorporation of Saudiphos with local partner SADIG, Italmatch Group is strengthening its presence in the local market by establishing a full integrated phosphorus chemistry in KSA and consolidating its leadership in Desalination solutions through local production.  Italmatch Chemicals Group  has been working...

Italmatch Chemicals Group has been working in the Kingdom of Saudi Arabia for several years. Through its engagement in the Kingdom, in addition to the present Biolab JV and including the incorporation of Saudiphos with local partner SADIG, Italmatch Group is strengthening its presence in the local market by establishing a full integrated phosphorus chemistry in KSA and consolidating its leadership in Desalination solutions through local production. 

Italmatch Chemicals Group's CEO, Sergio Iorio, said: "We know Biolab Arabia since many years of close cooperation, and we highly regard Biolab as the best possible Partner in Downstream local production for the Water & Oil markets: this joint venture represents the opportunity to have local production and marketing in the Kingdom of Saudi Arabia.Italmatch is already creating and investing in a wide project on P-based chemistries full value chain, in line with the Kingdom's 'Vision 2030' program. Our project represents best-in-class chemical chain, non-existing in KSA so far. The aim is to develop and complete a full manufacturing chain starting from Maaden´s Phosphate Rock to final Downstream additives for industrial water & process end market applications in Jubail area and this JV perfectly close the full value chain of supply."

Biolab Arabia Ltd., which is part of Al-Hejailan Group currently has two manufacturing units in the same plant producing under license from global leading technology providers with a combined production capacity of over 80,000 metric tons annually. Considered one of the leading Saudi Arabian petrochemical innovators in the water treatment and emulsion polymers field, operating world class facilities.

Faisal J. Al-Hejailan said, "We at Al-Hejailan Group though our company Biolab Arabia are thrilled to announce this new milestone in our relationship. Our group's overall strategy is geared towards the development of our downstream chemical manufacturing capabilities in the Kingdom through partnering up with world leading technology providers and reinforce our commitment towards localizing the production, which falls in line with the Vision 2030 program."