PolymerOhio Transfers World-Class Value to Plastics Valley Project in Saudi Arabia
Posted on July 31, 2008 at 01:00 AM EDT
JOHANNESBURG--July 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--PolymerOhio (Westerville, Ohio), the resource firm associated with more than the 2,800 facilities and 140,000 personnel in Ohio's polymer industry, has joined with global venture company StrateSphere Enterprises and the Saudi Arabian General Investment Authority in signing memorandum of understanding with planning and development firm Emaar The Economic City (SAU:4220) (Jeddah, Saudi Arabia) to develop the King Abdullah Economic City (KAEC) Plastics Valley project. The Savola Group (SAU:2050) (Jeddah), a leader in the local and international plastics-packaging industry, has also signed an agreement with Emaar through its subsidiary Savola Packaging Systems.