Logo ofSaudi Chemical Holding Co.
Saudi Chemical Holding Co.said its subsidiary, Saudi Chemical Co. Ltd., signed a framework agreement with National Co. for Mechanical Systems to supply military materials, including trinitrotoluene (TNT). 
In a statement to Tadawul, the company said the agreement value will depend on periodic purchase orders issued by the client in line with preliminary annual quantity schedules agreed between the two parties.
The maximum value of the agreement stands at SAR 742 million (nearly $198 million), including VAT.
Saudi Chemical said the agreement has a term of five years.
Under the deal, the company will supply TNT materials that meet the technical specifications approved by National Co., based on agreed-upon quantity schedules and purchase orders.
Supply operations are set to begin following the commercial launch of the production line, which will be announced at a later date.
The company expects the agreement to have a positive financial impact starting from the fourth quarter of 2026.
Logo ofSaudi Chemical Holding Co.
Saudi Chemical Holding Co.said its subsidiary, Saudi Chemical Co. Ltd., signed a framework agreement with National Co. for Mechanical Systems to supply military materials, including trinitrotoluene (TNT).
In a statement to Tadawul, the company said the agreement value will depend on periodic purchase orders issued by the client in line with preliminary annual quantity schedules agreed between the two parties.
The maximum value of the agreement stands at SAR 742 million (nearly $198 million), including VAT.
Saudi Chemical said the agreement has a term of five years.
Under the deal, the company will supply TNT materials that meet the technical specifications approved by National Co., based on agreed-upon quantity schedules and purchase orders.
Supply operations are set to begin following the commercial launch of the production line, which will be announced at a later date.
The company expects the agreement to have a positive financial impact starting from the fourth quarter of 2026.
