The Manaseer Group signs an agreement with the Nabd Nofoth Najd Trading Est. based in the Kingdom of Saudi Arabia, with a view to distributing calcium carbonate materials, which became the sole agent of the Manaseer Group in Saudi Arabia.
The agreement constitutes a prominent part of the Manaseer Group's strategic plan aiming at expanding its business to start from the domestic markets to the Arab world ones.
Mr. Muin Qadda, Deputy Chairman of the Manaseer Group, expressed his satisfaction on signing this agreement, he added, "We commend the significance of the concerned agreement, this cooperation was translated into granting the Nabd Nofoth Najd Trading Est. the sole agency of the Manaseer Carbonate in Saudi Arabia, which, in turn, will be the primary key and the strong start for the Saudi market access."
The Manaseer Group has established the first carbonate plant of its kind in the region in cooperation with the Spanish firm ECUTEC, the plant is specialized in the production of the natural treated materials of calcium carbonate, in Qatraneh, south of Jordan, with a cost of 20 million JDs and a production capacity of 350 thousand tons per year of the calcium carbonate which used in many industries such as: plastic, cables, rubber, adhesives, glass, carpets, coloring plastic materials, plastic pipes and others.