Clariant has signed a Memorandum of Understanding (MoU) with Saudi Kayan, a Saudi joint stock company leading in the field of chemicals, polymers and specialty products. As defined by the MoU, both parties have agreed to evaluate the formation of a joint venture with the aim of establishing a manufacturing facility for alkoxylates. This facility is planned to combine Clariant’s alkoxylates production technology with Saudi Kayan’s raw materials and would therefore be based within Saudi Kayan...