Year 2009 greeted JANA with good news! The Saudi Industrial Development Fund (SIDF) has approved the funding of JANA’s next expansion of its epoxy resin plant capacity from 60,000 - 120,000 Tons. 

JANA is presently evaluating the detail engineering contractor for this project and expects awarding the contract by end of first quarter 2009. Alexander Denzler, VP of the BU Epoxy and Intermediates explains: “We have been asked why we continue with our expansion in view of the present recession. Our answer is: the implementation of our strategy does not depend on a particular business scenario. We want to become a major player in the epoxy business and we are working towards that target”.