‎BCI extends MoU with Italmatch Chemicals

‎BCI extends MoU with Italmatch Chemicals ‎BCI extends MoU with Italmatch Chemicals

​‎

One of BCI factories

Basic Chemical Industries Co. (BCI) extended the Memorandum of Understanding (MoU) signed with Italmatch Middle East till Dec. 31, 2025.

Advertisement

In a statement to Tadawul today, the company indicated that Italmatch projects timeline was extended due to increased scope and additional technical work necessary to modify some product process to comply with local market needs, and subsequently adhering to regulatory requirements to obtain the required approvals.

For more news on listed companies

According to data available with Argaam, the company signed on May 22, 2023 a MoU with Italmatch Chemicals to provide chlorine, caustic soda and hydrochloric acid to Italmatch factories in the PlasChem Complex in Jubail Industrial City.

 

One of BCI factories

Basic Chemical Industries Co. (BCI) extended the Memorandum of Understanding (MoU) signed with Italmatch Middle East till Dec. 31, 2025.

In a statement to Tadawul today, the company indicated that Italmatch projects timeline was extended due to increased scope and additional technical work necessary to modify some product process to comply with local market needs, and subsequently adhering to regulatory requirements to obtain the required approvals.

For more news on listed companies

According to data available with Argaam, the company signed on May 22, 2023 a MoU with Italmatch Chemicals to provide chlorine, caustic soda and hydrochloric acid to Italmatch factories in the PlasChem Complex in Jubail Industrial City.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement