Brief: Incitec Pivot Says Dyno Nobel, Saudi Chemical Co And Saudi Investment Co Announce MOU

Dyno Nobel

15/01/2024 04:08

Jan 15 (Reuters) - Incitec Pivot Ltd  IPL.AX :
    * JV WITH SCCL AND INVESTMENT CO TO SUPPLY TAN AND NITRIC
ACID TO
SAUDI REGIONAL MINING AND INDUSTRIAL USERS
    * DYNO NOBEL, SAUDI CHEMICAL CO AND SAUDI INVESTMENT CO
ANNOUNCE
ENTRY INTO NON-BINDING MOU
    * MOU FOR DEVELOPMENT OF AMMONIUM NITRATE PLANT IN SAUDI
ARABIA
    * WILL SUPPORT PROJECT’S FRONT END ENGINEERING DESIGN AND
SERVICES
FOR DEVELOPMENT OF 300,000 MTPA TAN PLANT IN SAUDI ARABIA
    * KEY PART OF MOU IS FUTURE ESTABLISHMENT OF A JV WITH SCCL
AND
INVESTMENT CO FOR CONSTRUCTION AND OPERATION OF PLANT


Further company coverage:  IPL.AX 

 ((Reuters.Briefs@thomsonreuters.com;))