SABIC expects 5 memoranda of understanding to develop the petrochemical industry in the Kingdom

SABIC signed five memoranda of understanding with two American companies, in Riyadh yesterday, on the sidelines of the Saudi -American Investment Forum.
The signing of the memoranda of understanding came within the ceremony of the signing ceremony of a number of economic and commercial agreements between the Kingdom of Saudi Arabia and the United States of America, in light of the two countries seeking to achieve more joint cooperation between them.

These notes will contribute, in the event that they are completed and implemented, to developing the petrochemical industry in the Kingdom, settling and developing technology, stimulating innovation efforts, and other returns that will contribute to achieving the Kingdom’s 2030 vision.