Construction of new masterbatch production plant commenced at Tasnee's JV; production expected by 2017
According to an article on Argaam, National Industrialization Company's (Tasnee) [2060.SE] joint venture (JV), Clariant Masterbatches Saudi Arabia Company, has commenced construction activities at the its new masterbatch production plant in Yanbu, which is expected to commence production in 2017. According to the article, Tasnee owns 40% of the JV through its fully-owned subsidiary, Rowad National Plastics Company. (Argaam)
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