Arkema to extend its presence further in Saudi Arabia with the acquisition of ArrMaz

Arkema to extend its presence further in Saudi Arabia with the acquisition of ArrMaz
Published: 10 July 2019 - 5 a.m.
By: Martin Menachery
On 1 July 2019, Arkema completed the acquisition of ArrMaz, a global leader in specialty surfactants for crop nutrition, mining and infrastructure markets with a strong presence in Saudi Arabia. Thanks to this acquisition, Arkema will support the development of its customers in the region with top quality technical and logistics services.

ArrMaz offers tailored and sustainable solutions for the specific and ever-changing needs of its customers in a variety of industrial markets. In Kingdom of Saudi Arabia, ArrMaz offers a wide range of additives in the mining market to help optimise grade recovery and process performance in mining operations. It operates a new state-of-the-art plant located in Al Jalamid, producing specialty surfactants to support the growth of the Saudi phosphate industry.

“ArrMaz is very excited to be joining forces with Arkema. ArrMaz Gulf Chemicals has been serving the kingdom’s growing phosphate industry since 2010, and the combination of expertise of Arkema and ArrMaz will enable us to create new solutions for our valued customers and new opportunities for our dedicated employees in the Kingdom of Saudi Arabia,” said Dave Keselica, CEO of ArrMaz.

“Leader in specialty surfactants, we have been active in the Kingdom of Saudi Arabia since 2014 serving major customers for the domestic market and exporting oilfield chemicals to neighbouring countries. This acquisition will boost Arkema position in the region,” stated Jean-Francois Chesneau, global president of surfactants and additives, Arkema.

In the region, Arkema is operating a blending plant and storage in oil additives. More broadly, the group is involved across the oil and gas value chain, from offshore production to refineries, shipping and sales at the pump. For example, the company’s Rilsan bio-based polyamide 11 and Kynar polyvinylidene fluoride (PVDF) are used in the transportation of oil and gas, and sulphur-based chemical expertise enables desulphurisation in the final step in the refining process.

The group also provides products for the oduorisation of natural gas and liquefied petroleum gas (LPG) to make them detectable in the event of leaks. Finally, its range of products includes custom solutions for drying and purification with the Siliporite molecular sieves as well as polymerisstion initiators such as Luperox organic peroxides.

Arkema has been supplying the oil and gas, petrochemicals and construction markets of Saudi Arabia for more than 30 years and has developed strong relationships with key customers. With the acquisition of ArrMaz, Arkema will further strengthen its presence in the kingdom,” said Abdelkader Kadri, CEO of Arkema Middle East.

With Arkema’s strong expertise in specialty surfactants and formulation, this acquisition will combine two organisations that are highly complementary and will support customers’ development in this region.

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