Markets

Saudi Arabia: joint venture between Sun Chemical and Alliance Holding Company

«This partnership reinforces Sun Chemical’s commitment to the growing package printing markets across the Middle East», said Rudi Lenz, President and CEO of Sun Chemical.

Sun Chemical has formed a joint venture with Alliance Holding Company, which is the parent company of Ink Products Company, a leading manufacturer of printing inks in the Arabian Peninsula.

The joint venture, which will operate under the name Sun Chemical Saudi Arabia LTD, combines two of the leading ink suppliers to the packaging and publication market in the region.

Rudi Lenz, President and CEO of Sun Chemical.

«This partnership reinforces Sun Chemical’s commitment to the growing package printing markets across the Middle East», said Rudi Lenz, President and CEO of Sun Chemical. «The Ink Products Company is a market leader of printing inks in the region and our intention is to work together to build on the organization’s success by providing customers with high quality products, excellent service and innovative solutions».

«We are excited by the opportunities that joining Sun Chemical’s global organization will bring to our customers in the region», said Abdullah Al Hobayb, President of Alliance Holding Company LTD. «Being able to tap into Sun Chemical’s global resources will bring many great options to our customers and we’re pleased to join a company that shares our values of ‘working for you».

Sun Chemical will own the majority of the share in the new joint venture, and the transaction will be subject to closing conditions and regulatory approvals.

Submit your comment

Please enter your name

Your name is required

Please enter a valid email address

An email address is required

Please enter your message

Print and Digital Communication World © 2017 All Rights Reserved