RIYADH: Saudi firms Chemanol and Global Co. for Downstream Industries have signed a deal to explore collaboration in petrochemicals.
Under the non-binding agreement, Chemanol is to supply methanol to Riyadh-based GDI, the Tadawil filing showed.
Both firms are also set to explore opportunities for future cooperation in the petrochemical sector.
Methanol Chemicals Co., or Chemanol, has signed a non-binding initial agreement with Global Co. for Downstream Industries, also known as GDI, in order to explore potential collaborations.
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