Service for subsidizing feedstock orders launched on Senaei platform

Logo of Ministry of Industry and Mineral Resources

The Ministry of Industry and Mineral Resources launched the service of subsidizing petrochemical feedstock orders on Senaei platform.

In a statement, the ministry said the new service is launched under the petrochemical supply chain committee, which aims to boost the current production capacity of manufacturing plants and increase investment in the sector. This will enhance the integration of supply chains in the petrochemicals and manufacturing industries sectors.

Jarrah Aljarrah, the ministry’s official spokesperson, said the service aims to support and develop the manufacturing industries sector in the Kingdom.

The service seeks to ensure that manufacturing industries benefit from the competitive advantage of the petrochemical sector, the petrochemical sector’s supply chains are integrated as well as the automation of ordering petrochemical feedstock.