US-Based Univar Forms Saudi Joint Venture
Redmond, WA – Chemical distributor Univar Inc. has created a joint venture with E.A. Juffali & Brothers, a major player in chemicals and other industries based in Jeddah, Saudi Arabia.
The new operation will be a full distribution business headquartered in the country’s Eastern Province.
The joint venture between Univar and E.A. Juffali & Brothers “helps both companies grow their presence around the world, giving Univar critical access to markets across the Middle East to better serve their customers in the region,” the company said.
The joint venture will distribute chemicals across industries, including personal care, oil and gas, food, coatings, and household, institutional and industrial cleaners.
Univar is one of the world’s leading distributors of industrial and specialty chemicals and related chemistry services representing more than 3,500 chemical producers through a network of 260 distribution facilities throughout North America, Europe, the Asia-Pacific region, and Latin America.
The company also maintains international sales offices in Eastern Europe, the Middle East, and Africa and reported sales of $10.3 billion in 2012.