Univar, Juffali form Saudi chemicals distribution JV
6/2/2014 12:00:00 AM
Univar, a world leader in the distribution of chemistry and related products and services, announced Monday a joint venture with E.A. Juffali & Brothers, a major player in chemicals and other industries based in Jeddah, Saudi Arabia.
The joint venture 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 unique partnership combines Juffali’s infrastructure and knowledge of the local business and government environment along with Univar’s supplier relationships and logistics expertise.
The joint venture will distribute chemicals across industries, including personal care, oil and gas, food, coatings, and household, institutional and industrial cleaners.
“We are excited to begin this joint venture with E.A. Juffali & Brothers, which will allow us to access the critical Saudi Arabian distribution network and better serve our customers,” said Erik Fyrwald, CEO of Univar.
“We look forward to bringing our focus on safety and distribution excellence as well as supplier relationships to what we know will be a successful long-term partnership," he added.
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