-+ 0.00%
-+ 0.00%
-+ 0.00%

Saudi Chemical Co. Unit Taps Rafic Kreidie for SAR57 Million Warehouse Project

MT Newswires·07/28/2026 09:38:51
Listen to the news
09:38 AM EDT, 07/28/2026 (MT Newswires) -- Saudi Chemical Co. (SASE:2230) subsidiary Saudi International Trading Co. commissioned Rafic A. Kreidie Contracting Co. to build its new warehouse in Jeddah, Saudi Arabia. The 56.5 million-Saudi-riyal contract includes construction and civil works, according to a Tuesday filing. The explosives manufacturer added that the project was delayed due to the completion of the contracting process and the satisfaction of the technical and regulatory requirements. In September 2025, Saudi International Trading Co. announced its planned warehouse project valued at 75 million riyals.