SABIC SCHMID and RIWAQ ink collaboration at Future Investment Initiative

摘要

At the FII forum in Riyadh, SAB-IC, SCHMID Group and RIWAQ announced their collaboration for establishing a KSA-based joint venture with the support of SABIC NATIONAL initiative 'Nusaned' focusing on manufacturing and technology development in the fields of advanced silicon materials and large-scale energy storage solutions utilising SCHMID's redox flow technology, for which the companies signed a Memorandum of Understanding (MoU).