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Scott Bader has announced the creation and official launch of two major new joint ventures in Brazil and Saudi Arabia as part of its long-term global business growth strategy.
‘NovaScott’ Brazilian Joint VentureWorking with Andercol S.A., a business unit of Grupo Mundial and a long-term partner in South and Central America, Scott Bader has created a 50:50 Joint Venture company in Brazil, named ‘NovaScott Especialidades Quimicas Limitada’. This new company will produce and sell a wide range of Scott Bader’s speciality products, and especially its extensive range of gelcoat products, sold under its globally-recognised Crystic brand. In addition, Scott Bader will supply its ranges of Crestomer and Crestabond structural adhesive products and Crestapol high performance resins, which will be sold by NovaScott alongside the Crystic gelcoats. This will ensure that Composites customers in Brazil are able to access this wide range of globally-leading products.‘Abahsain Scott Bader LLC’Saudi Arabian Joint VentureWorking with S&A Abahsain, a privately-owned chemical company in Saudi Arabia, Scott Bader has created a 50:50 Joint Venture company named ‘Abahsain Scott Bader LLC’, to sell a wide range of polyester resins and other Scott Bader speciality products, including gelcoats and vinyl esters, in the Saudi Arabian market and other regional markets across the GCC region.Mr Philip Bruce, Scott Bader’s Group Managing Director, stated that these two Joint Ventures strengthen their commitment to supply leading Scott Bader products to support their customers globally. He's delighted to achieve this ambition and value the support of the ventures partners in Brazil and Saudi Arabia.More information:www.scottbader.com - www.andercol.com.co - www.abahsainchem.com