Jan 17 2010
DuPont recently signed a DuPont Teflon surface protector trademark license agreement with National Paints Factories Co. Ltd., the largest architectural coatings producer in the Middle East. This marks the third DuPont Teflon license to be signed in the Middle East.
(left to right) Luis Rebollar, Saleem Sayegh, and Rick Olson at the signing ceremony in the United Arab Emirates.
Headquartered in the United Arab Emirates (UAE), National Paints will co-brand three interior and two interior/exterior paints and a wood varnish with DuPont Teflon. National Paints will market the products in the UAE, Oman, Jordan, Yemen, Qatar, Bahrain, Saudi Arabia, Kyrgyzstan and Kazakhstan.
"EMEA is still one of the most active property development markets in the world, which makes it a key market for coating products," said Rick Olson, president - Titanium Technologies. "This agreement forms part of our strategy to raise production, safety and quality standards in the region's thriving paint sector and reflects our long, productive partnership with National Paints."
"DuPont Teflon is a critical ingredient that allows us to create paints that can withstand the challenging environmental conditions of the Middle East," said Saleem Sayegh, managing director - National Paints. "By adding Teflon to our product line, we enhance our ability to provide the best and safest coating solutions. Recognized as one of the top paint producers in the world, we know these kinds of technologies are essential for us to maintain our strong market position."