Italmatch, Biolab form water treatment JV in Saudi GENOA, Italy, December 24, 2020 Italmatch Chemicals Group, a leading global speciality chemical group, and Biolab Arabia, part of Al-Hejailan Group, have signed a joint venture agreement for Italmatch Biolab Industrial for industrial water & process treatment in Saudi Arabia. Italmatch, which is focused on the production and marketing of performance additives for water and process treatment, oil & gas, industrial lubricants and plastics, will hold 60% of the stake in the joint venture. The two chemical companies join forces to create a ne...