"This Joint Venture will provide access to the fast developing Saudi Arabian and GCC markets, and together we see significant potential for growth over the coming years.” Mr S K Maqsood, Director for the Abahsain Group said “I am excited about the Joint Venture which builds on the strengths of Abahsain’s position in Saudi Arabia, complementing Scott Bader’s leading technology products”.
Mr Philip Bruce, Scott Bader’s Group Managing Director, stated that: “These two Joint Ventures strengthen our commitment to supply leading Scott Bader products to support our customers globally. I am delighted to achieve this ambition and value the support of the ventures partners in Brazil and Saudi Arabia.”
About ‘Grupo Mundial’ and its chemical business
With a career spanning 90 years, the Mundial Group is a multinational of Colombian origin managing businesses in paints, chemicals, trade and water. The Chemicals Business of Grupo Mundial has several companies in the region including Andercol (Colombia), Novapol (Brazil), Poliquim (Ecuador), Andermex (Mexico) and Epoxa (Chile).
Andercol is the leader in Latin America in the manufacture of polyester resins and gel coats and is also the largest distributor of supplementary materials such as fiberglass, catalysts, pigments and additives. Andercol currently serves over 11 countries with a wide portfolio: laminating resins, corrosion resistance, continuous processes, filament winding, synthetic marble, RTM, etc.
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