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With the Global Crisis being Experienced, France does not lose Sight of Success

Sarah Benyoub - 03-juin-2020 14:59:30
            With the Global Crisis being Experienced, France does not lose Sight of Success Business France announces Record High Investments and Jobs Generated in 2019’s annual Foreign Invest in France Report o    International investment in France last year reached a record high thanks to an annual investment increase of 11 per cent and nearly 40,000 jobs being created or maintained. o    France was the leading European destination for industrial investment projects whereby production and manufacturing activities are the leading contributors to employment.   United Arab Emirates: June 3 rd , 2020: Business France, the national agency supporting the international development of the French economy, has released its Foreign Investment Report for 2019 highlighting how France, has once again become the country to which international investors turn to for international investments, attracting 1,468 new foreign investment decisions in 2019, an 11 per cent increase since 2018. Jobs created or maintained by foreign subsidiary investments also picked up significantly, growing by 30 per cent to 39,542 jobs created and 4,778 jobs maintained in 2019.   Prior to the crisis, France boasted a number of key strengths including growth which was above the euro zone average, more than 500,000 jobs had been created in two years, and business investment was at an all-time high and acted quickly and decisively to safeguard these key strengths. France then attracted 19% of investment projects in the European market . Foreign investment in Europe was mainly focused on business services (42%) and industry (23%); being the leading European destination for industrial investment projects, home to 26% of manufacturing investments. France was also the leading European destination for R&D investment .   The business creation rate reached a new record in 2019 with 815,300 businesses (including 428,900 microenterprises) created in France, 18 per cent more than in 2018. The number of business failures has fallen sharply since July 2016, symbolizing the strength of, and the confidence in, the French economy, as well as the improvement in France’s attractiveness. France’s attractiveness has remained high with 87 per cent of executives abroad (including business leaders from the Middle East) considering France to be attractive, which saw a 13-point increase on 2016, according to Kantar-Business France survey.   In this changing environment, the French economy’s resilience and the “pro-business” reforms that have been undertaken by the French government have strengthened foreign investors’ confidence. However, the outstanding results from the 2019 Annual Report on Foreign Investment have been published in 2020 in unprecedented circumstances, with the global economy now facing the most serious health, social, economic and financial crisis of recent decades.   MIDDLE EAST   In 2019, 8 new job-creating investment decisions were made in France by companies from countries in the Middle East region, creating or maintaining more than 200 jobs . These investments came from the United Arab Emirates (4 projects), Kuwait (2), Saudi Arabia (1) and Lebanon (1). Most of these projects involved production/manufacturing facilities (5 projects; 84 jobs) and logistics (2 projects; 110 jobs). Investments by Middle East countries were made in a variety of different sectors, with 2 projects in the transport/storage sector responsible for more than half of the jobs generated by Middle Eastern investment.   Projects from the region:   o    DP World has invested in Le Havre (Normandie region) in the construction and operation of a container terminal through a joint venture with the transport company CMA CGM . This €154 million investment, nearly half of which comes from the investor and the Normandie region, will generate 200 jobs . o    Sahul Group has set up a high-end mobile phone manufacturing site. The initial investment will be approximatively €35 million and should generate around thirty jobs . o    In partnership with the IFP New Energies group, the Saudi company Aramco is investing €2 million in the creation of an R&D centre to strengthen Saudi technological capacities in the petroleum and petrochemical sectors. This €2 million investment will create 10 jobs , with roles comprising mainly engineers and researchers. o    The Kuwaiti leader in logistics , Agility is creating a 26,000 sq. m. multimodal platform in Blotzheim (Grand Est region). This €5 million investment will create 10 jobs in 2020 in addition to the 20 roles that already exist . Frederic Szabo, Managing Director, Business France Middle East commented : “In the coming years, France will continue to promote investment from foreign businesses across our regions so that they can create jobs, make the most of our talent and participate in the construction of this new French economy .”   Amine Chaehoi, Director Inward Investments, Business France Middle East added : “We are delighted to highlight the contribution made by Middle Eastern companies to the French economy. From an overall perspective, there are currently more than 500 companies from the region established in our country, employing 30,000 personnel for an FDI Stock of €9.7 Billion (Banque de France). We are committed to build bridges between Middle East and France, support business setting up and provide key investment opportunities”.   COVID-19   The substantial and immediate support measures of the French Government helped cushion the shock of the crisis. They were effective, ranging from short-time working, which protected more than 12 million workers, loans guaranteed by the state, which enabled businesses to avoid bankruptcy due to cashflow problems, and help for nearly 2 million businesses from the solidarity fund.   “We have protected the economy; we must now support its recovery. It will be slow and gradual, and it will be particularly difficult for sectors which have been severely weakened by the health crisis, such as tourism, aeronautics, and the automobile. We will protect, support, and revive soon. In the coming years, France will continue to encourage investments by foreign companies in all regions so that they can create value, jobs, develop talent and participate in the construction of this new French economy while benefiting investors”, remarked Frederic Szabo, Managing Director, Business France Middle East .   -END -   Note to Editors:   The 2019 Report highlights France’s newfound attractiveness which is credited to the country’s ambitious transformation since 2017, including reforming the labour market, reducing capital taxation, lowering corporate tax, helping SMEs to grow with the help of the PACTE Act (Action Plan for Business Growth & Transformation), and investing greatly in innovation.   Foreign investments were received from 58 different countries in 2019, with European investments continuing to hold the upper hand: 64 per cent of job-creating foreign investments in France originated in other European countries , followed by North America (20 per cent) and Asia (11 per cent).   In terms of the number of foreign investments and jobs generated by foreign investors in France, 2019 was an outstanding year. However, a global economic slowdown, doubts about the future of the European Union following Brexit, trade tensions between China and the United States, as well as a return to protectionist policies in some parts of the world were all questions that remained unanswered last year.   Brexit has led to a ‘wait-and-see’ attitude being adopted by foreign investors, particularly those from emerging economies that had until now overwhelmingly chosen the United Kingdom as a European export hub. Since 2016, the United Kingdom’s investment attractiveness has therefore declined accordingly. As a direct result, in 2019 far more foreign executives (64 per cent, or six points more than in 2018) were expecting businesses from their respective countries to swap setting up in the United Kingdom for another European country. France was the second European country expected to benefit from this (40 per cent, up three points) after Germany.   ABOUT BUSINESS FRANCE: Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program.   Social Media: Account Most common used hashtags Twitter : @BF_MiddleEast Linkedin: Business France Middle East #InfoBF #FrenchFDI #Choose France # FrenchInnovation   For more info, feel free to contact Business France: Miryem Oukas Head of Communications – Middle East Mobile: +971 (0)55 478 32 15 Mail : miryem.oukasmessidi@businessfrance.fr

Bostik to start its first production of flooring system in the Kingdom of Saudi Arabia, in partnership with Gerflor Middle East

YASMINA OUARI - 05-févr.-2020 12:29:17
Saudi Arabia –February 5th 2020, Bostik, an Arkema company, and Gerflor Middle East celebrated their partnership through the signature of a manufacturing and distribution agreement and the kick-off event of the first production of Bostik flooring range in Saudi Arabia.  Thanks to the localization of Bostik Wall & Floor systems, Bostik and Gerflor will support the development of their customers in the region, with a complete offer, providing high standards quality solutions, technical and logistic services. Bostik and Gerflor Middle East ambitions stand within the Kingdom of Saudi Arabia Vision 2030, to be a pioneer and model of excellence in their field of expertise. Gerflor is a global leader in manufacturing and marketing decorative and sustainable flooring solutions and wall finishes, with an established footprint in Saudi Arabia and the broader Middle East. Gerflor develops specific flooring and wall solutions to meet every indoor market application need in housing, healthcare, education, sport and hospitality. Gerflor Group is an official partner of the International Handball Federation and the International Volleyball Federation.  “Gerflor Middle East is excited to join its forces with Bostik. Gerflor Middle East has been serving the wall and floor industry since 1977. The combination of Gerflor and Bostik expertise will enable us to complete our offer with high standard quality solutions, creating new opportunities in the Kingdom of Saudi Arabia” - Mohamad Al Bassam, Executive Director Gerflor Middle East “Global leader in the wall and floor preparation and adhesives systems, Bostik launched a new initiative One Flooring Range with the ambition to supply solutions that are tailor-made to the professionals and consumers’ needs. The partnership between Bostik and Gerflor Middle East is part of the strategic development of Bostik to expand and localize its business in the Middle East.” - Morgan Malecotte, Global Steering Unit Director, Wall & Floor System Bostik Founded in 1889, Bostik is a leading global adhesive specialist in construction, consumer and industrial markets. For more than a century, it has been developing innovative adhesive solutions that are smarter and more adaptive to the forces that shape daily lives.   “Arkema Group 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 this partnership, Arkema will further strengthen its presence in the Kingdom” - Abdelkader Kadri, CEO Arkema Middle East. With Bostik and Gerflor strong expertise in the Flooring segment, this partnership will combine two organizations that are highly complementary and will support customers’ development in this region. Contact:  Redha Salaouatchi  Business Manager MEA  Bostik Construction & Consumer  Tel: +971555126941 Email:   Redha.salaouatchi@bostik.com

Gulfood 2020 focused on “Rethinking Food”, France’s opportunity to launch Taste France

Sarah Benyoub - 23-janv.-2020 08:12:44
Gulfood 2020 focused on “Rethinking Food”, France’s opportunity to launch Taste France    • 4 French pavilions specialized in World Food, Dairy, Meat & Poultry, Beverages  • 80 French companies unified under “Taste France” From February 16th to 20th 2020, DWTC   United Arab Emirates, 22 January 2020 – Business France, the national agency supporting the international development of the French economy, will be supporting business opportunities between French producers and importers, key buyers and food industry experts visiting Gulfood. This year, 80 French exhibitors will be part of Gulfood, the world’s largest annual food and beverage trade exhibition. This show will be the opportunity to announce the international launch of France’s F&B dedicated brand: Taste France.   Within France global commitment to share French way of life, Taste France aims to specifically promote F&B products worldwide. French gastronomy quality is recognized all over the world; Taste France takes a step further by gathering F&B industry players around their common interests. From the perspective of claiming a joint identity for all French F&B companies while promoting the diversity of their products besides their ability to innovate, Taste France also strengthens the approach of the French offering by communicating on conviviality and sharing principles.   Thanks to their genuine and reachable products, French exhibiting companies will be gathered around strong values: excellence, diversity and authenticity. Gulfood 25th edition focused on “Rethinking food” issue is a relevant opportunity to internationally launch such an  innovative brand, where key actors meet to discuss the industry challenges of the next decade.    Christophe Lecourtier, Business France’s CEO, commented: “I am extremely proud to launch our new brand Taste France here in Dubai at the dawning of Expo 2020, the first World Expo ever held in the region, that tends to cement Dubai’s legacy to empower future generations. France has been a partner of Gulfood since its beginning in 1987 and I have to admit that the global dimension of this show that kept growing ever since firmly influenced our choice to unveil Taste France here in Dubai, as this event perfectly fits with the international ambition of Taste France, which is to unify and promote the whole French Food & Beverages industry.”   During this five-day event, 80 French exhibitors, including 40% of new companies, will highlight their latest trends and products across 4 pavilions dedicated to World Food, Dairy, Meat & Poultry and Beverages. Products highlighted among French pavilions will play with texture and taste and will include organic production besides innovative packagings.   “With the support of French exhibiting companies, I can tell you that we look forward to unveil more about Taste France during the five days of the show”, Lecourtier added.   The UAE and Saudi Arabia are the top importers of all French food and beverages categories, followed by Egypt and Lebanon. Since 2010, a 50 % increase in demand for French F&B products has been recorded in the UAE. The International launch of Taste France on this key location will reinforce already well-established relationships between French and Middle Eastern companies.    Among the 80 French exhibitors:   • 50 exhibitors showcasing world food products in Sheikh Saeed Hall • 12 dairy companies from yogurt and cream to cheese and milk in Hall 1 • 8 Beverages including juices and alcohol-free drinks in Za’abeel 4-6 Hall • 10 meat and poultry producers in Hall 3    The French Pavilion is supported by the following regions: Bretagne Commerce International (West of France), DEV’UP Centre Val de Loire (Center of France) and Hauts de France (North of France).   About BUSINESS FRANCE: Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program.   For more info, feel free to contact: Miryem Oukas Head of Communications – Middle East Mobile : +971 (0)55 478 32 15  Mail : miryem.oukasmessidi@businessfrance.fr    Social Media:    Account Most common used hashtags Twitter: @BF_MiddleEast                 @BF_Food                @BF_Agrotech #FrenchFood #FrenchBeverages #FrenchF&B #TasteFrance           

Medical device manufacturer TECHNO CONCEPT plans to expand its business in the Middle East region following its participation in the ARAB HEALTH 2020 show in Dubai

Sarah Benyoub - 15-janv.-2020 11:18:04
  Medical device manufacturer TECHNO CONCEPT plans to expand its business in the Middle East region following its participation in the ARAB HEALTH 2020 show in Dubai   United Arab Emirates January 12, 2020 - TECHNO CONCEPT is the designer and manufacturer of specialist medical devices used in Physical Medicine and Neurorehabilitation. TECHNO CONCEPT, a true "Made In France" startup, with a unique know-how resulting from 15 years of research in neurosciences, launched Vibramoov in 2016, an innovative therapeutic solution to treat motor disorders in patients who have suffered neurological damage. Innovation at the heart of TECHNO CONCEPT’s business Launched in 2016, Vibramoov technology has taken TECHNO CONCEPT to a new level by opening the doors of international markets in the neuro-rehabilitation medical devices sector by the unique and revolutionary nature of the technology it employs. Protected by a worldwide patent for which the company obtained exclusive exploitation rights in 2014, and which was the result of a technology transfer with the CNRS of Marseille, the Vibramoov technology uses a complex method of soliciting the nervous system by "Functional Proprioceptive Stimulations” based on scientific knowledge acquired in the field of neuroscience over a period of 20 years. By stimulating the sensitive part of the muscles in a very specific way, the device is able to "trick" the brain by causing it to receive natural movement information of the limbs even though the patient is still unable to move. For a patient suffering from neurological damage, the aim is to ensure that (from the first days after a stroke for example) communication between the brain and the muscles of the arms or legs remains active even though the patient is still in bed. This non-invasive technique, which has no contraindications, aims to stimulate neuroplasticity from the earliest stage, thus allowing the patient’s mobility to be restored more quickly and with a higher outcome over the rehabilitation continuum.  Vibramoov was produced in response to a real global public health problem to more effectively treat the mobility impairments (loss of a patient’s ability to walk or move their arms) resulting from neurological traumas, the statistics of which are constantly increasing. The benefit to the quality of patient recovery is enormous, but equally to the economies of healthcare systems around the world. TECHNO CONCEPT has won a range of innovation awards with Vibramoov: Rotary Innovation Award – Health Category; Innovation Award at the Neuro Convention London in 2017.   Sustained international development TECHNO CONCEPT embarked upon exporting immediately following the launch of Vibramoov in 2016. The company already has a presence in Europe and abroad (France, Germany, Italy, Poland, Switzerland, Czech Republic, Romania, Croatia, Slovenia, Russia, Ukraine, etc.) via a network of distributors. With regard to the Middle East, TECHNO CONCEPT started prospecting there in 2018. According to Nicolas PLUMIER, Co-Director of the company and Export Manager: “Arab Health 2020 will be the 3rd time TECHNO CONCEPT has taken part in this trade show. After first discovering the Middle East market in 2018, the 2019 show allowed us to finalize a distribution contract in the Saudi Arabian market and start the certification process for our device, which is expected to be completed in December 2019, thus enabling it to be marketed.   Our participation in 2020 will be aimed at continuing to support this Saudi partner by promoting the device to new opinion leaders, but also by opening up prospecting for new partners in the Middle East such as the United Arab Emirates, Egypt, Kuwait and Lebanon. In Qatar, we also intend to strengthen our presence via the finalization of a distribution contract with a specialized partner with effect from the first quarter of 2020.”   Come and see TECHNO CONCEPT on the France pavilion organized by Business France at Arab Health, Stand R.K50   Press contact Nicolas PLUMIER, Co-Director, Export Manager Techno Concept Tel: +33 492 790 856 n.plumier@technoconcept.fr www.technoconcept.fr  

The ITC and SOFRECOM partnership to deploy fiber network in the Kingdom of Saudi Arabia: Main achievements and ambitions 2 years after.

Sarah Benyoub - 05-nov.-2019 13:31:39
Press Release The ITC and SOFRECOM partnership to deploy fiber network in the Kingdom of Saudi Arabia: Main achievements and ambitions 2 years after.      November 5th, 2019- Almost two years after the announcement of their partnership to pilot the implementation and management of Outside Plant (OSP) across Saudi Arabia’s regions by 2020, the Integrated Telecom Company (ITC), leader in information and communication technologies in Saudi Arabia and Sofrecom, a subsidiary of the Orange Group, specialized in Consulting and engineering in the telecommunications sector, are proud to announce that they have connected more than 400,000 households to the FTTH network.   The partnership which started in 2017 between ITC and Sofrecom, leads to sharing the experience and technological expertise of the Orange Group in the FTTH network. The detailed design and supervision of this network rollout is handled by Sofrecom. The Design methods and tool optimization proposed by Sofrecom contribute remarkably to the productivity enhancement of ITC teams.    In addition, Sofrecom’s teams monitor the deployment and effective implementation of the network in accordance with ITC’s engineering rules and by ensuring its operation and sustainability.   This project will enable ITC to ensure optimal and sustainable network service quality. Customers will benefit from new services such as high definition television, video-on- demand and home entertainment through fiber architecture to the user (FTTx).   Ghassan Itani, ITC President & CEO, said;  This major project actively contributes to the program with the Ministry of Communications and Information Technology (MCIT) for the deployment of the very high fixed flow in Saudi Arabia as part of the strategic plan «Saudi Vision 2030». Indeed, the Kingdom’s 2030 National Transformation Plan aims to deploy FTTH in 90% of densely populated cities and 66% in other urban zones.   «I am proud of the trust shown by the ITC group by holding Sofrecom to design, supervise and control the deployment of the FTTH network of the Kingdom. This major project will bring very high flows to the Kingdom’s households and businesses. Our teams are fully committed to the success of this major project”, added Guillaume Boudin, CEO of Sofrecom Group.   Sofrecom’s expertise on the Very High Broadband (VHB): Sofrecom has an End to End approach on VHB: from strategic planning, call of tender, start of production up to launch of new services. Its expertise comprises the complete lifecycle of the fiber optics deployment thanks to the high-quality studies to speed up and secure deployment, an industrialized process with customized tools and ultimately an investments optimization up to 15% of CAPEX and OPEX to maximize your return on investment. Sofrecom undertakes to support your FTTH projects thoroughly with its ongoing intelligence to identify innovations and solutions best suited to fiber projects thanks to its partners and its access the Orange group to test and upgrade Fiber project design and planning solutions.    About ITC  Integrated Telecom Company (ITC) is a leading Saudi based telecom provider and one of today’s fastest-growing telecom companies offering next-generation solutions for broadband, connectivity, cloud computing, managed services, satellite services and internet services for businesses, wholesale and consumers segments.   ITC works with a number of IT specialized partners to provide communication solutions which rank it at the forefront of the Information and Communications Technology Service (ICT) providers in Saudi Arabia that enhances its capability to provide the best services in the Kingdom.   For more information about ITC products and services, please visit ITC website at www.itc.sa, also you may follow us on twitter @itcsaudiarabia and LinkedIn: linkedin.com/company/integrated-telecom-company-itc-/     About Sofrecom Sofrecom, an Orange Group subsidiary, serves telecoms operators worldwide, drawing on its unrivaled expertise in prospective studies, business consulting, networks and IT.  Sofrecom contributes to the development and to the transformation projects of its clients: operators, governments and regulators. This is done by bringing to their clients required operational solutions and the experience of the Orange Group.   Thanks to the unique know-how of our 1750 consultants and experts, its customers benefit from a fine knowledge of the actual market and telecommunications stakes. Sofrecom has developed over almost 50 years its unique ingenuity in the operator businesses. As a result, it is now a world leader in information and communication technologies (ICT) as well as business consulting for the telecoms industry. Its experience of mature and emerging markets combined with its deep understanding of the structuring changes which affect the telecoms market, make it a valued partner for operators, governments and international investors.   For more information on internet or on your mobile: www.sofrecom.com/en, follow us on twitter: @sofrecom, on LinkedIn: linkedin.com/company/Sofrecom      

France to introduce new operating models & capabilities at Gulfood Manufacturing 2019

Sarah Benyoub - 17-oct.-2019 10:48:51
Press release   France to introduce new operating models & capabilities at Gulfood Manufacturing 2019   • 2 French pavilions specialized in Ingredients (Sheikh Saeed 1) and Process & Packaging (Za’abeel) to support the growth of the Middle Eastern markets • 45 companies gathered through one common topic : Innovation   From October 29th to 31st 2019, DWTC   United Arab Emirates, October 16 2019 - Business France, the national agency supporting the international development of the French economy, will be running 2 French pavilions at Gulfood Manufacturing 2019. This trade show devoted to new manufactured Ingredients and Processing Equipment will feature 45 French F&B manufacturers willing to connect with demanding buyers. Spread over 600 square meters, the Ingredients pavilion will be located on Sheikh Saeed 1 and the Process & Packaging pavilion will be located on Za’abeel 3.  As the leading industrial sector in France, Food industry is the driving force of its economy with a turnover of 166 billion € (in 2018) including 21% generated when French companies are exporting.    For the first time at Gulfood Manufacturing and with the support of Brittany (West of France) and North of France regions, Business France will roll out an Innovation Tour Experience to highlight over 10 companies having a high innovation potential to share with local partners. With +35 thousand expected visitors, this three-day event is the biggest for the food processing and packaging industry in the Middle East, Asia and Africa. The French Innovation Tour Experience will introduce as an example the French way of cooking arabic crepes or breads, or even how a French food specialist supports the nutritional challenge of sugar reduction and still offers tasty products.   Frederic Szabo, Managing Director Business France Middle East stated : « France is home to a thriving community of entrepreneurs, engineers, investors, and other talented people who are embracing the potential of technology to change the world. Hence when food and technology are combined, it is nurturing meaningful development in food making processes. And the Gulfood Manufacturing is an opportunity for French companies to emphasize their innovations both in ingredients and equipment ».    In 2018, more than 55 million euros of food processing equipment  have been imported in the Middle East (GCC, Egypt, Lebanon), including 77% in the GCC (the main categories of equipment are machinery for filling, closing, sealing and labelling bottles, cans, bags and other containers, machinery for the industrial preparation or manufacture of food and beverages).   French ingredients are also largely used in the region, especially in the bakery, dairies, confectionary industry and in food service.    While the United Arab Emirates imported +10% French dairy products in 2018 than the previous year, the French dairy products imported by the GCC in 2018 reached 1.4 billion euros, they reached a market share of 8.1% in KSA. France is also the 2nd supplier of butter in Saudi Arabia. We observe at the same time that imports of French cereals have yet grown significantly in the Middle East.   With consumer satisfaction at the forefront, the French expertise that will be showcased during the event is wide and specialised in:   Ingredients : Infant food, confectionary, dairies, bakery/pastry, cereal-based preparations, organic & fine food products, preservatives & flavourings, premix solutions.   Food-processing equipment : cooling system, food & beverage process engineering, labelling solutions, crepes machines, bakery & sweets, cutting machine, dairy equipment, production line expertise, packaging solutions, disposable tableware, sterilization and food tech solutions.   ABOUT BUSINESS FRANCE: Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program.    Social Media:  Twitter: @BF_MiddleEast                 @BF_Food                @BF_Agrotech    Account Most  C ommon used hashtags : #FrenchIngredient #ChooseFrance  #FrenchEquipment     Press release and HD Picture  

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

Rejula ARUN - 09-juil.-2019 13:55:14
United Arab Emirates - On July 1st  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 optimize 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 Arkema’s and ArrMaz expertise will enable us to create new solutions for our valued customers and new opportunities for our dedicated employees in the Kingdom of Saudi Arabia.” Dave Keselica CEO 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 neighboring 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, our Rilsan® biobased polyamide 11 and our Kynar® polyvinylidene fluoride (PVDF) are used in the transportation of oil and gas, and our sulfur-based chemical expertise enables desulfurization in the final step in the refining process. The Group also provides products for the odorization 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 polymerization 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 Arkema Middle East With Arkema’s strong expertise in specialty surfactants and formulation, this acquisition will combine two organizations that are highly complementary and will support customers’ development in this region.  A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €8.8 billion in 2018, we employ approximately 20,000 people worldwide and operate in close to 55 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation.  www.arkema.com   CONTACTS Abdelkader Kadri : +971 48 75 17 01 abdelkader.kadri@arkema.com  
About
Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Founded on January 1, 2015 through a merger between UBIFRANCE and the Invest in France Agency, Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners. For further information, please visit:  www.businessfrance.fr Consulting:  Law and regulation Market benchmarking Projects and requests for proposals Contacts : Market prospection Exhibitions and B to B meetings Technologic partnerships Communication : Press and public relations Professional advertisements Commerc

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