Sipchem inks Lol with Hoyer to expand reach of petrochemical products

摘要

Sahara International Petrochemical Company(Sipchem)signed a Letter of Intent(Lol)with Hoyer Middle East to further enhance the reach of its chemical products.The agreement is in line with Sip-chem’s vision to expand to a full-fledged distribution company capable of delivering products and services to both large and small-to-medium businesses located in the kingdom and internationally.Hoyer Middle East is part of the HOYER Group,one of the worldwide market leaders in moving liquids,including chemical products,by road,rail and sea.The signing took place during a forum organised by Sipchem,in collaboration with Argus Media,titled’Sipchem-Argus Petrochemical Forum’,at the Sipchem Technology and Innovation Center’Manar’ on 29 September 2019.The forum was attended by Saleh Bahamdan,chief executive officer of Sipchem and more than 150 experts from various petrochemical companies in the region.