Product category:
Oil, Gas, Petrochemical Industry News
News Release from: SABIC
Edited by the Processingtalk Editorial
Team on 07 November 2005
First synthetic leather distribution
agreement
SABIC affiliate, Arabian Petrochemicals Company (TAYF), has recently entered into a contract with a major local synthetic leather distributor, to deliver a million linear metres of synthetic leather
SABIC affiliate, Arabian Petrochemicals Company (TAYF), has recently entered into a contract with a major local synthetic leather distributor The contract calls for the annual distribution of one million linear metres (LM) of the TAYF synthetic leather product
This article was originally published on Processingtalk on 18 Jul 2003 at 8.00am (UK)
Related stories
Air separation plant contract for Air Products
National Industrial Gases Company, Saudi Arabia, has awarded a turnkey contract for the engineering, procurement and construction of an air separation plant to Air Products
Middle Eastern Petrochemical industry growth
Mohamed H Al-Mady, SABIC CEO, discusses the evolution of the Middle Eastern petrochemical industry at the National Petrochemical and Refiners Association Conference 2004
TAYF Chairman, Eng.
Abdullah bin Saad Al-Rabea said, "This agreement is the first of its kind since the inception of the company.
Negotiations are underway to conclude other contracts.
This agreement is of great importance given the sizeable challenges and strong competition arising from similar imported products".
Mr Al-Rabea pointed out that there is a remarkable increase in demand for synthetic leathers.
"Initially, some 70,000 LM have been delivered to the local distributor during the first few days following the signing of the contract.
More quantities will follow to meet the contractual annual delivery of one million LM." Mr Al-Rabea praised the co-operation and sustained endeavours of the officials from the Ministry of Commerce and Industry in protecting this national product from dumping campaigns arising from imported products which have caused other national producers to go out of business.
TAYF has submitted an official request to the Ministry of Commerce in this regard.
TAYF supports the Ministry's initiative to protect domestically produced goods.
Mr Al-Rabea praised the continuous support received from SABIC senior management as well as the efforts of all TAYF technical, administrative, operational and marketing staff in making the development of this product a success.
Eng Sameer bin Ali, General Manager, TAYF, confirms the TAYF commitment to the highest quality standards.
He pointed out that the TAYF world-class plant can produce double the contractually agreed quantity which will cater for further investment opportunities and collaboration with TAYF.
The local distributor/contractor, Mr Ahmed bin Abdullah Bawazeer, proprietor of Alpha Commercial Project Establishment, expressed his deepest pleasure in signing this agreement with TAYF.
He is proud to be awarded this project.
This move will greatly motivate and encourage the development of the domestic market and increase consumption of TAYF products.
Customer demand is strong and growing very fast following the tentative product launch.
• SABIC: contact details and other news
• Email this article to a colleague
• Register for the free Processingtalk email newsletter
• Processingtalk Home Page
