Saint-Gobain and Alghanim Industries have decided to extend their partnership to Kuwait: as of 11 January 2018, they have become joint-venture partners in KIMMCO. This company, as the other common joint-ventures, will be managed jointly by both partners and will be consolidated in Saint-Gobain's accounts. KIMMCO is the regional leader in Insulation with a glasswool manufacturing plant in Shuaiba-Kuwait, operating under license from Saint-Gobain ISOVER. It reported total sales close to 24 million Kuwaiti dinar in 2016 (about €70 million), selling in Kuwait and to the Middle East. The market is dynamic, driven by increasing awareness around energy efficiency and insulation needs, and regional weather conditions.