The expansion of the company in the UAE comes in the wake of the booming request of plants for vegetable oil Processing.
The Office will be composed by a technical and commercial team who will take care of ongoing and future projects and who will ensure a prompt intervention in the area covered.
By leveraging the network of financial and banking institutions, SAIMECO and TECHNOILOGY will be also able to offer to clients customized financial solutions for the implementation of their projects.
TECHNOILOGY is currently building one of the first Biodiesel Production plants from UCO of the UAE, a clear sign that the Middle East is starting to invest also in the Biofuels sector despite its fossil fuel abundance.
“This is a strategic alliance that will enable us not only to increase our businesses in the area but also to broaden the range of services we can offer to our clients. In the aftermath of the COVID crisis, Trade Finance is a key aspect if we want to support our clients and contribute to the economic development of this sector” said Mario Bernardini, Chairman of TECHNOILOGY.
“We are happy to start this new adventure with a high-end technology provider like TECHNOILOGY. The company reflects the values we believe in: know-how, innovation and high rate of expansion. There is a very big potential in this area of the globe, things are moving on very fast and we are ready to take up the challenge” said Ascanio Martelli, Chairman and Founder SAIMECO.
|Source: Online/KSU
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