GULF STABILIZERS INDUSTRIES Expanding to meet strong growth for GSI products in the Middle East market

Eng. Osama Al Zamil GSI Board Member

Gulf Stabilizers Industries (GSI) recently accomplished further expansion of its operation to support the growth and take advantage of expansion opportunities of GSI Customers. "We expanded our facilities to increase GSI Non-Dust Blend (NDB) capacity besides expanding the existing chemical (Antioxidant – Phenolic & Phosphate) facility. This action will support the marvelous polyolefin's growth and allow GSI to secure all demands of the expansions requirements in the region"; said Eng. Osama Al Zamil, GSI Board Member.

He added:"GSI already has taken concrete steps to further strengthening its technical capability by investing into research, innovation, and development resources at its facilities in Jubail to provide all the necessary technical support to its customer". "GSI had increased its Non-Dust Blend (NDB) capacity by 8,000 TPA taking the total NDB manufacturing capacity to 24,000 TPA by 2011" .

It is known GSI is the only antioxidants and NDB manufacturer in the Middle East and African Continent. By virtue of its strategic location and distinguished performance, it has gained trust to all its customers in the Arabian Gulf and Middle East region. GSI meets and exceeds customers' expectations for high quality and fast response to the increasing demand of polymer additives. GSI also provides safety stock readily available at its valuable customers and business partners.

Gulf Stabilizers Industries is a joint venture of Chemtura Corporation, a global specialty chemical company based in the United States, and Al-Zamil Group Holding Company of Saudi Arabia.

Al-Zamil Group Holding Company is a global investment company with diverse interests and capabilities in the industrial, plastics and petrochemicals.

Chemtura is a leading global producer of polymer additives, including flame retardants, antioxidants, UV stabilizers, heat stabilizers, polymer modifiers and catalysts.

Gulf Stabilizer Industries (GSI) poised for further growth in the Middle East

After the success of its 3rd extruder line dubbed NDB III, contributing 4,000 metric tones of capacity, Gulf Stabilizer Industries (GSI), a Joint Venture between Al Zamil Group Holding Co. and Chemtura Corporation, USA undertakes further capacity expansion at its facility in Al Jubail, Saudi Arabia.

The company has commenced engineering work on an additional 4,000 metric tonnes of capacity. “We successfully expanded the Al Jubail facility in March with the NDB III production line but we now need to invest further capacity to keep ahead of the growing demand for our products in the Region. With this new investment GSI will have reached critical mass and will be able to meet all of its customers’ requirements in terms of quality, service and value,” stated Fahad Al Zamil, Director of Al Zamil and GSI Vice-Chairman of the Board.

The expansion will deploy Chemtura's proprietary NDB (non dust blend) technology producing a one pack product that provides customers with both efficiency and safety benefits over the use of single powder components. "This expansion is part of our new global strategy and will support our customers’ growth with the supply of unique and cost advantaged products in countries worldwide” explained Peter Smith, General Manager of Chemtura’s Antioxidant and UV Stabilizer worldwide operations and GSI Chairman of the Board.

After this additional capacity, which will come on stream in 2010, GSI’s total annual capacity will increase to 21,000 metric tonnes.

Al Zamil Group Holding Company is a global investment company with diverse interests and capabilities in the industrial, petrochemicals and services sectors.

Chemtura is a leading global producer of polymer additives, including flame retardants, antioxidants, UV stabilizers, heat stabilizers, polymer modifiers and catalysts. .

GSI is pleased to announce its Formulation plant expansion as NDB 3 with the annual production capacity of 4000MT Non Dusting Blends products.

NDB3 Project is under way with improved technology to meet local region demand and expected to be in stream line End of Q.1 2009. From Q.2 2009

GSI will have total NDB production capacity of 10000MTA.