Nama Chemicals’ subsidiary signs marketing deal with Huntsman

13/10/2015 Argaam

Nama Chemical’s subsidiary, Jubail Chemical Industries Co. (Jana), the only producer of epoxy resins in the Middle East and Africa, has signed a five years marketing services agreement with Huntsman Corporation, a manufacturer and marketer of chemicals, to market its products  in Europe.

 

The deal will allow Jana to strengthen its presence in Europe and access new customers for their product, Araldite, the company said in a statement to the Saudi bourse, Tadawul. 

 

Jana, which has the capacity to produce 120,000 tons per year of epoxy resin, said the financial impact of the deal would appear in Q2-2016. 

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