Saudi Chemical Company Holding (SCCH), through its subsidiary Saudi Chemical Company Limited, announces signing a non-binding memorandum of understanding (MOU) with ORICA Mining Services (Portugal) to establish technical cooperation to localize the production of Ammonium Nitrate and Nitric Acid. Establish technical cooperation to localize the production of Ammonium Nitrate and Nitric Acid plants which is considered the first of its kind in the region. In addition, to introduce cutting edge technologies in the mining industry that will improve safety, productivity and ESG standards.

Through this agreement the parties aim to support industries related to mining & exploration, construction & infra-structure, and cement production to realize the objectives of Saudi Vision 2030.