June 14, 2016
With the Gulf Cooperation Council (GCC) undergoing rapid growth which sees its market value expected to hit USD 2 trillion by 2020, the chemicals and plastics sectors have spiked in demand and now record the greatest number of industrial projects in the GCC.
It is against this backdrop that Ion Exchange – leading Indian water treatment company and pioneer in environment management solutions – decided to expand operations in Bahrain to cater to the burgeoning region.
With the support of the Bahrain Economic Development Board (EDB), Ion Exchange will be establishing a chemical blending facility to create products for export around the GCC, addressing the need for water treatment services.
Ion Exchange’s decision to locate in Bahrain was influenced by the Kingdom’s ease of accessibility to the key GCC market. Speaking during the announcement of the new plant, Mr. Rajesh Sharma, Chairman and Managing Director of Ion Exchange, said:
“The launch of the new Bahrain facility is part of our wider strategy to ensure proximity to our GCC and North Arab market. Bahrain is located at the heart of the Gulf market with excellent transport and logistics connections throughout the region. We are expanding to meet the GCC’s rising demand for water treatment products and services and are excited to work closely with organisations like the EDB to ensure our success.”Situated in the Bahrain Investment Wharf, the new plant is within instant reach of key transport links – 15 minutes from the Khalifa Bin Salman Port, 20 minutes from the Bahrain International Airport and 30 minutes from the King Fahd Causeway bridging to Saudi Arabia.
As a regional hub, Ion Exchange will be able to reach key GCC markets in under 45 minutes by air or a maximum of 8 hours by land.Find out how you can also tap into the flourishing GCC market by contacting the Bahrain Economic Development Board >
Ion Exchange joins the ranks of industry leaders already in Bahrain, including:
· Mondelez International (formerly Kraft)
· Olayan Kimberly-Clark
· Chemco Group
· SMS Meer