Saudi Arabian Refineries Company (Sarco) has announced that its key subsidiary, Masafi Ventures, has reached an agreement with Adwaa Al Khalil Contracting Company to acquire an 85% stake in Advanced Industrial Supplies Company, a leading industrial parts and equipment provider.
Saudi Arabian Refineries Company said one of its key subsidiaries, Clean Energy Company, has entered into an agreement with British renewable energy company AGR for the sale of green ammonia being produced at its plant in Jazan industrial city in the kingdom.