13 April 2016
AkzoNobel and Al Mehwar Company for Construction and Development SPC (Al Mehwar) announced a new partnership through the formation of Akzo Nobel LLC, to boost its presence in the Qatar paints and coatings markets.
The newly created joint venture between the two partners is designed to distribute and sell the full range of AkzoNobel products in Qatar. Previously, a sister company of Al Mehwar was the distributor of Marine and Protective coatings product ranges.
Mohammed Abdulla M S Sulaiti of Al Mehwar comments, "We are delighted with this new partnership. Our association with AkzoNobel has been a long and fruitful one. We are a veteran player in the local market and we look forward to growing the market opportunity exponentially, as one company, in Qatar."
Peter Tomlinson, Managing Director, AkzoNobel Middle East adds: "Qatar has a very important role to play in delivering our organic growth strategy across the Middle-East. This announcement will enable us to sell and invoice locally our full range of Performance Coatings and Decorative Paints brands including Dulux to the growing infrastructure and construction projects currently being awarded. We look forward to working with our partners and customers in building this very important market."
The new venture is testament to AkzoNobel's commitment in helping diversify the economy and assist in developing infrastructure, aligned with Qatar National Vision 2030.
For more information on Akzo Nobel LLC and the products available in Qatar visit: www.akzonobel.com