Brenntag forms joint venture with Al-Azzaz Chemicals in Saudi Arabia

Brenntag has entered a 75/25 joint venture with Al-Azzaz Chemicals Co., expanding its specialty chemicals distribution footprint in Saudi Arabia. Al-Azzaz Chemicals generated €25 million in sales in 2021. Closing is expected in August 2022.

“This joint venture greatly expands our specialties chemical distribution footprint in the most important economic hubs in Saudi Arabia: Riyadh, Jeddah and Al-Khobar Dammam.”adhesivesmag.com

• 1 source
• adhesivesmag.comBrenntag Acquires Stake in Saudi Arabia-Based Al-Azzaz Chemicals | Adhesives & Sealants IndustryBy: Karen ParkerJun 10, 2022

Summarized from public sources; check the original articles before acting on it.