Riyadh – Mubasher: Saudi Basic Industries Corporation's (SABIC) signed a contract with Bangladesh Chemical Industries Corporation on 5 March to supply 305,000 metric tonnes of urea.
The agreement comes as an extension of a previous contract and will last for a year starting from March 2017 to February 2018, according to a statement on Sunday.
The Saudi-listed firm added that a Bangladesh delegation visited the Kingdom and held meetings with several Agri-Nutrients departments to discuss the various aspects of research and strategic cooperation.
The delegation also visited SAFCO and Al-Bayroni in Jubail, the company stated.
SABIC's stock shed 0.75% to reach SAR 96.65 by 11:45am KSA time on Sunday.
