Evonik, GCC Board Directors Institute in deal

Dubai : Evonik, one of the world’s leading specialty chemicals companies, and the GCC Board Directors Institute (BDI) have signed a three-year partnership agreement designed to help develop high-performance boards in the Gulf. 

Headquartered in Germany, the conglomerate has maintained a strategic role in the MENA for more than four decades and in partnership with Tasnee have erected the region’s first superabsorbents production facility in Saudi Arabia.

“We are delighted to have Evonik join our network of partners and sponsors as a Corporate Affiliate,” said Jane Valls, Executive Director, GCC Board Directors Institute (BDI). 

Commenting on the partnership, Klaus Engel, Group CEO of Evonik, said: “In the complex and ever-changing world we live in, a company needs strong guiding principles to take position as a credible and reliable partner. Evonik has partnered with GCC Board Directors Institute to gain further insight into best practices in the Gulf.” 

“We believe that by sharing our experiences with the GCC Board Directors Institute we can help promote best practice sharing at regional and international level, while also strengthening our business acumen needed to engage in successful economic activities,” Michael Wring, President of Evonik Middle East, said.