Saudi Basic Industries Corp. (SABIC)’s wholly-owned subsidiary Nusaned Investment signed a cooperation contract for the manufacturing of wood-plastic composite (WPC) with Suhul Alkhalej for Industrial Development and Investment Co.
The project will utilize eco-friendly compounds using SABIC polymer products’ raw materials promoting sustainability and downstream initiatives to result in more energy-efficient products delivering Chemistry that Matters™.
Faisal Al-Bahair, VP, Local Content & Business Development Unit and CEO of Nusaned Investment, said, “It contributes to local content initiatives and business growth through export opportunities, all of which serve the economic diversification objectives of Saudi Vision 2030.”
