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Saudi Chemical Co. Holding (SCCH) signs MoU with Dyno Nobel ⚛️

The Clap

Saudi Chemical Co. Holding (SCCH) signs MoU with Dyno Nobel to produce ammonium nitrate and nitric acid

What

Saudi Chemical revealed that the Memorandum of Understanding’s (MoU) duration is 6 months, during which initial studies, the financial model of the project, and the initial designs will be reviewed by a specialized engineering company for the final assessment of the project’s feasibility.

So What

Saudi Chemical clarified that the anticipated project is the “first of its kind” in the region, expecting it to support vital sectors and strategic projects related to “Saudi Vision 2030.” This involves localizing the industry of raw materials needed for the production of civil and military explosives, contributing to the development of mining solutions and defense industries in Saudi Arabia.

Now What

Saudi Chemical has signed an MoU with Moxico Ajlan & Bros Mining company. The agreement aims to supply explosive materials and provide blasting services to the Al Khnaiguiyah mine, affiliated with the latter. This one-year memorandum aims to establish a successful partnership with Moxico Ajlan to support the mining sector in the Kingdom through integrated services and high-quality products provided by Saudi Chemical Ltd.