Ion Exchange, one of India's largest environment solutions providers, has announced the launch of a new chemical blending facility in Bahrain. The company is expanding its facility in Bahrain in order to improve the products and services it offers the wider GCC region, a market currently worth around $1.5 trillion.
The new facility will serve as the chemical export hub for the GCC region and North Arab states, creating around 30 jobs over the course of the next three years. The Bahrain Economic Development Board (EDB), which provides advice and practical help to companies establishing operations in Bahrain, assisted Ion Exchange with company set up and other business requirements in order to ensure the company's successful inception.
Rapid demographic growth and economic expansion in the GCC in recent years have created a strong demand for water treatment technologies and services. Ion Exchange has over 50 years' experience specialising in water treatment and provides a complete portfolio of advanced environmental solutions to industrial, institutional, residential, home, rural and urban developments. The company has a strong global presence with plants in various parts of the world, with offices in the Middle East, South East Asia, Africa, Canada and USA.
Husain Rajab, Director of Manufacturing, Transport and Logistics at the Bahrain Economic Development Board (EDB) said: "We are delighted to have been able to support the establishment and expansion of Ion Exchange's business here in Bahrain. The GCC needs to invest significantly in water and wastewater treatment related infrastructure over the coming years, and with an open business environment, highly-educated workforce, mature regulatory system and the freest economy in the Middle East, Bahrain offers a strong access point to the region for global sector-leaders like Ion Exchange.
"Bahrain has a strong relationship with India, being home to a large expatriate community and with a number of successful Indian firms such as JBF Industries, Chemco and the State Bank of India, and ICICI Bank. We expect to continue to attract many more Indian firms to Bahrain in the future."
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