Date: 19-06-2023

As part of a series of agreements dedicated to the development of downstream industries within the PlasChem Park area of Jubail Industrial City, Engineer Abdulrahman Shamashir, the CEO of JABEEN, entered into an investment agreement with Advanced Circular Materials Company. The agreement pertains to the establishment and operation of a plant for the production of vanadium oxide and its related products, with a total investment exceeding 3.1 billion Saudi Riyals.