India-based PET manufacturing firm Chemco Group will build a plastics packaging factory at the Bahrain International Investment Park in Salman Industrial City.

Once completed, the factory will produce PET preforms that can be used in the manufacturing of bottles and jars of different sizes and shapes.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

According to the company, the new facility would bring 80 new jobs to the local market. By 2017, the number may reach 20 with a 15% to 20% year-on-year growth rate.

Chemco stated that its investment in Bahrain would reach $10m by 2015. Further systematic expansion in the country will lead the investment figure to reach $20m by 2017.

With support from the Bahrain Economic Development Board (EDB), the company has already received a license for establishment of the plant and operations within the country.

See Also:

EDB acting chief executive Kamal Ahmed said that the board is expecting many products to be manufactured by Chemco’s new facility to meet increasing demand from the local market.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"Our long-standing ties with India have proven that it is an important economic partner for us, particularly as Indian companies have found Bahrain to be an ideal location for investment, in terms of its business environment, transparent progressive legislations, and of course the cultural and environmental similarities between the two countries," added Ahmed.

Chemco chairman and managing director Ram Saraogi said: "Through this deal, we are able to develop the group’s business and provide our various products to different clients in Bahrain and the region."