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Akoma completes acquisition of ArrMaz. In response, Mr Akoma said the acquisition would increase the company's influence in the Saudi market by channeling high-quality technology and logistics services to the Saudi market.
, said the acquisition combined two highly complementary companies to
. Akoma has strong expertise in specialty surfactants and formulations, and the acquisition of Ampai has enabled the company to meet the needs of Saudi customers.
is a global leader in professional surfactants for crop nutrition, mining and infrastructure. The company has strong influence in Saudi Arabia. Ampai offers a variety of additives to the Saudi Arabian mining market to help optimize improved taste and processing performance in mining operations. The company operates a state-of-the-art new plant in Al Jalamid to produce specialty surfactants to support the development of the Saudi phosphate industry.
in Saudi Arabia, Akoma operates a hybrid plant and operates an oil additive storage business involving the oil and gas value chain, from offshore production to refinery, pump transportation and sales. In response to the acquisition, Jean-Francois Chesneau, Global President of Akoma Surfactants and Additives, said: "As a leader in specialty surfactants, Akoma has been active in Saudi Arabia since 2014, serving key customers in the Saudi market and exporting oilfield chemicals to neighbouring countries. The acquisition will enhance Akoma's market position in the region. "