Regions :: Middle East
Arkema subsidiary forms oilfield chemicals JV in Saudi Arabia
12:16 PM MDT | May 13, 2014 | Ian Young
Arkema says that its Ceca filtration and adsorption subsidiary has established a joint venture with Watan Industrial Investment (Riyadh) to operate an oilfield chemicals blending plant and storage facility at Ad DammÄm, Saudi Arabia. The jv will acquire a storage and blending facility at Ad DammÄm, under the terms of the partnership. The facility is scheduled to become operational in the second half of 2014. Ceca owns a majority of the jv and, until now, had had no commercial or industrial presence in Saudi Arabia, Arkema says. The company's oilfield...
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