14 December 2011 15:16 [Source: ICIS news]
DUBAI (ICIS)--Global logistics provider Agility has formed a joint venture with European dry bulk chemicals logistics company Schmidt Heilbronn, the companies said on Wednesday.
The venture will meet rising demand, particularly in the Middle East, for dry bulk solutions, Agility and Schmidt Heilbronn said in a statement issued during the Sixth Annual GPCA (Gulf Petrochemicals & Chemicals Association) Forum.
Named SAMEL, the newly created joint venture company will focus on the ?xml:namespace>
The collaboration will provide customers with a complete package, from design and construction to supply chain management, operations and dry bulk transport, the partners said.
“We now have everything we need under one roof to meet customer needs across the Middle East and beyond – including tailored financing packages, turnkey construction and modern, reduced carbon footprint freight methods,” said Andrew Jackson, president and CEO of Agility Chemicals.
Agility has more than 22,000 employees across 100 countries with annual revenues of close to $6bn (€4.6bn).
($1 = €0.77)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|