Zamil Group Holding Company

Wolffkran and Zamil Group have formed a joint venture to build a tower crane production facility in Saudi Arabia, with an investment of about 1 billion Saudi riyals. The plant will be the first tower crane manufacturing plant in the Middle East.

Wolffkran entered a joint venture with Zamil Group to develop a WOLFF crane manufacturing facility in Riyadh, Saudi Arabia, and build a rental fleet of 300 cranes. The JV plans to invest about SR1 billion ($270 million) and produce approximately 150 cranes annually.

Wolffkran entered into a joint venture with Zamil Group to open a WOLFF crane production facility in Saudi Arabia and build a rental fleet of 300 cranes. The facility will be the first tower crane manufacturing plant in the Middle East.

Huntsman Corporation and Zamil Group Holding Company signed a non-binding MOU to explore a 50:50 joint venture to build and operate a morpholine and diglycolamine agent plant in Jubail, Saudi Arabia.