Deal signed for storing Sadara products

March 2015

DOW and RSA-Talke have signed a contract for the storage of petrochemical products that will be marketed by Dow from Sadara Chemical Company, a joint venture of Dow and Saudi Aramco in Saudi Arabia. The joint venture for chemical logistics RSA-Talke is constructing a 10,000 sq m warehouse for petrochemical products in Dubai. It is located on the same premises as the company’s dangerous goods warehouse, which was opened in early 2014 at the Aerotropolis known as Dubai World Central (DWC).

This second warehouse complex at Dubai World Central has been designed to mainly store petrochemicals. With the new build of the warehouse, RSA-Talke – a joint venture of Dubai-based RSA Logistics and the German Talke Group – serves demand of customers from the chemical and petrochemical industries in the Gulf region.

“The strong demand from the up-and-coming chemical and petrochemical industry in the Gulf region has confirmed our strategy of expanding our portfolio of specialised logistics services,” said Richard Heath, director, Middle East & Asia at Talke and director at RSA-Talke, explains. “We expect the dynamic growth of the chemicals sector in Dubai and the region to carry on and will continue to expand our service offering,” says Abhishek A Shah, managing Director at RSA Logistics and director at RSA-Talke.

“We are delighted about the signing of the contract with Dow for their flow of petrochemical products from the Sadara plant and see this significant agreement as a confirmation of our strategy in Dubai,” said Shah. Dow has established a solid presence in the Middle East petrochemicals industry, partnering with leading regional companies like RSA-Talke to set up state-of-the-art petrochemical complexes across the region.

“With the RSA-Talke tank container terminal and its associated services we will strengthen the position of our group in the GCC even further,” said Heath. “By expanding our service portfolio, we can provide professional logistic services to support chemicals manufacturers in the whole of the Gulf region with the continuing expansion of their own product portfolio.”

The UAE and the countries of the Gulf Cooperation Council GCC are regarded as key markets for the chemical industry, with Dubai as an increasingly important logistics centre. Dubai is seen as a significant hub for the export of chemicals from the region to Africa, India and the Far East.

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