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Saudi Chemical Company Holding Announces the Signing of a Memorandum of Understanding (Mou) Through Its Subsidiary, Saudi Chemical Company Limited, With the Mechanical and Chemical Industry Corporation (MKE) of Turkey.

2230
CHEMICAL
-2.53 %
1447/08/22     10/02/2026 08:36:47

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Introduction Saudi Chemical Company Holding announces, through its subsidiary Saudi Chemical Company Limited (SCCL), and on the sidelines of its participation in the World Defense Show 2026, the signing of a Memorandum of Understanding (MoU) with Turkey’s Mechanical and Chemical Industry Corporation (MKE), as part of efforts to strengthen cooperation in the defense industries sector. The MoU aims to explore opportunities for joint collaboration in the development and manufacturing of advanced materials used in munitions, contributing to innovation and the exchange of expertise between both parties
Memorandum Signing Date 2026-02-09 Corresponding to 1447-08-21
Counterparty Mechanical and Chemical Industries Corporation
Memorandum Subject Cooperation in the Development and Manufacturing of Advanced Materials for Munitions and Defense Industries.
Memorandum Duration six (6) months, renewable
Related Parties none
Financial Impact None
Additional Information None

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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