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08/02/2018 07:00 AST
SAUDI International Petrochemical Company (Sipchem) announced that its Technology and Innovation Center (MANAR) has signed a technical services agreement with Everspring Middle East WLL. for the provision of testing and analytical services.
The scope of the services agreement will primarily focus on evaluating the performances of various additive solutions using unique capabilities and expertise available from MANAR.
Samir Al-Jishi, general manager of MANAR, noted that the implementation of this services agreement opens the door to many more opportunities to collaborate and further enhance the ability of MANAR to expand its product and application development programs.
Everspring Middle East is a subsidiary of Everspring Chemical Co. Ltd, headquartered in Taiwan, one of the largest global producers of antioxidants and stabilizers for the polymers and coatings industries.
The Sipchem Technology and Innovation Centre (MANAR) was inaugurated in April 2015. MANAR was established to support the growth strategy of the company and support the economic vision of the Kingdom, which promotes industrial and commercial diversification through product and application development benefiting the local plastics downstream industry.
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| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 59.55 | 0.00 (0.00 |
| SABIC | 54.95 | 0.00 (0.00 |
| SABICAGRINUTRIENTS | 116.00 | 1.00 (0.86 |
| YANSAB | 30.42 | -0.10 (-0.33 |
| LUBEREF | 94.70 | 0.75 (0.79 |
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