| Introduction | Saudi Chemical Company Holding announces, through its subsidiary Saudi Chemical Company Limited (SCCL), and on the sidelines of its participation in the World Defense Show 2026, the signing of a Memorandum of Understanding (MoU) with Turkey’s Mechanical and Chemical Industry Corporation (MKE), as part of efforts to strengthen cooperation in the defense industries sector. The MoU aims to explore opportunities for joint collaboration in the development and manufacturing of advanced materials used in munitions, contributing to innovation and the exchange of expertise between both parties |
| Memorandum Signing Date | 2026-02-09 Corresponding to 1447-08-21 |
| Counterparty | Mechanical and Chemical Industries Corporation |
| Memorandum Subject | Cooperation in the Development and Manufacturing of Advanced Materials for Munitions and Defense Industries. |
| Memorandum Duration | six (6) months, renewable |
| Related Parties | none |
| Financial Impact | None |
| Additional Information | None |