SIECO inks SAR 5 mln deal to buy sulphur from Petro Rabigh

09/06/2020 Argaam

 

Saudi Industrial Export Co. (SIECO) signed on June 9 an agreement with Rabigh Refining and Petrochemical Co. (Petro Rabigh) to buy the available quantities of sulphur.

 

The three-year deal, which came into effect immediately, is valued at a minimum of SAR 5 million, SIECO said in a statement to Tadawul.

 

The related financial impact is expected to show by the end of every calendar year until 2023, SIECO added, noting that no related parties are involved in the deal.

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