SABIC signs technology license deals with MIC, Amiantit

28/11/2019 Argaam

 

Petrochemicals giant Saudi Basic Industries Corp (SABIC) on Nov. 25 signed license agreements with Military Industries Corporation (MIC) and Saudi Arabian Amiantit Co. during a ceremony at its headquarters in Riyadh.

 

As per the first agreement, SABIC will grant license to MIC for armor-level panel technology meeting Class BR7 standards, and methods for manufacturing such panels.

 

The second agreement enables Amiantit to get rubber formulation technology for manufacturing trackpads for military tanks, and methods for manufacturing such materials.

 

The two agreements will not only support domestic producers in manufacturing world-class armor and trackpad material but also help in creating jobs and building a competitive local workforce, SABIC said in a statement.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.