Page 144 - CW E-Magazine (10-6-2025)
P. 144

News from Abroad


       GROWTH PLANS

       Delta Coatings begins work on new headquarters

       and polyurea coatings expansion in Dubai


          Delta Coatings International, a
       Dubai-based supplier of liquid-applied
       polyurea  coatings,  linings  and  water-
       proofi ng solutions, has broken ground on
       its new headquarters and manufacturing
       facility at Dubai Industrial City (DIC).

          The groundbreaking ceremony was
       attended by senior representatives from
       DELTA Coatings International and
       Dubai Industrial City, including Saud
       Abu Al-Shawareb, Managing Director
       of  Dubai Industrial City;  Abdulla
       Alraeesi, Assistant Manager of business
       development at Dubai Industrial City;
       M.A.  Saleem, Chairman and founder
       of Delta Coatings International;  Sami
       Saleem, Chief Executive Offi cer; Belvin
       Marx, general manager and Paul
       Symmons, business development manager.

          The new plant will be powered in
       part by renewable energy, including a
       large rooftop solar panel  installation,
       supporting the company’s ongoing sus-
       tainability and  decarbonisation initia-
       tives. Once operational, the facility will
       triple Delta Coatings’  existing manu-
       facturing output while also tripling  on developing  next-generation  polyu-  needs.  The new facility  is targeted
       warehouse space.                  rea products tailored to the challenging  for completion and commissioning in
                                         regional  climates  and  client-specifi c  December 2025.
          “With growing awareness of poly-  Huntsman to shut down German maleic anhydride
       urea’s superior durability and increased
       demand  globally, the new plant  will  facility
       empower our teams to innovate and deliver   US-based chemicals fi rm, Huntsman,  EBITDA  loss  of  approximately
       even greater  value  to our clients  and  has decided  to close its maleic  $10-mn. Going forward, the company
       partners globally. From demonstrating  anhydride  (MAN)  facility located in  intends to serve customers in the Euro-
       the  performance  benefi ts  of  polyurea  Moers, Germany, after a recent strate-  pean  region from its North American
       coatings and waterproofi ng to training  gic review of its European MAN busi-  facilities located in Pensacola, Florida
       the next generation of applicators, this  ness. The operations at the facility are  and Geismar, Louisiana.  As a result
       facility is designed to inspire and sup-  expected to be terminated by the end of  of the closure of the  German  facility,
       port market leadership,” said Mr. Marx.  the current quarter.      Huntsman expects to incur a one-time
                                                                          non-cash asset impairment  charge of
          The site will also house a R&D   In 2024, Huntsman’s European  ~$75-mn during the second quarter of
       Centre of Excellence, which will focus  MAN  business  generated an adjusted  2025.

       144                                                                     Chemical Weekly  June 10, 2025


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