x Abu Dhabi, UAEWednesday 26 July 2017

DuPont, a major United States chemicals producer, says it expects its regional consultancy division to achieve annual revenue growth of 25 per cent as it seeks to expand its clientele in the oil and gas sector.

DuPont, a major US chemicals producer, says it expects its regional consultancy division to achieve annual revenue growth of 25 per cent as it seeks to expand its clientele in the oil and gas sector.

The division, DuPont Sustainable Solutions, has, over the past five years in the Middle East, attained yearly revenue growth exceeding 25 per cent on average, according to the company.

“The base is very small and there is room to grow,” said Koen van Neyghem, the division’s president for Europe, the Middle East and Africa. “I do not think we are growing in other parts of the world as aggressively as in the Middle East.”

The division’s clients include Abu Dhabi Oil Refining Company, Saudi Aramco Lubricating Oil Refining Company,and Aluminium Bahrain.

In the Middle East, the division has offices in Dubai, Abu Dhabi and in Dammam, Saudi Arabia. One of DuPont’s 12 businesses, it provides training and services to companies and helps them to achieve sustainable growth as they seek to compete globally.

It is also active in North Africa, where it launched its first-ever joint venture with Morocco’s phosphate firm OCP in May this year.

business@thenational.ae