Saudi Kayan Petrochemical Co. signed a memorandum of understanding (MoU) with Clariant International to evaluate a feasibility study for the establishment of a joint venture company, the firm said in a bourse statement on Thursday.

 

The company will be located inside the Saudi Kayan Petrochemical Co. complex in Jubail Industrial City and will manufacture Alkoxylates, utilizing the materials produced by Saudi Kayan, the statement said.

 

The duration of the MoU is two years from the date of signature, it further added.

 

Clariant International is an affiliate of Clariant AG, which is 24.99 percent owned by Saudi Basic Industries Corp (SABIC).

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request