TBM Signs Basic Agreement with Saudi Basic Industries Corporation (SABIC) to Participate in "NUSANED" Program

- Commenced consideration of LIMEX business in Saudi Arabia in cooperation with SABIC -

We have signed a basic agreement with the Saudi Basic Industries Corporation to participate in the "NUSANED" program implemented by SABIC.

Based on this basic agreement, TBM will work with SABIC to conduct a feasibility study for the manufacture and sale of LIMEX products in Saudi Arabia, while at the same time building an upcycling scheme and diversifying the economy through the promotion of industries other than the petroleum industry. , We will consider the possibility of cooperation with Saudi Arabian organizations and companies with the aim of creating jobs. On October 23, 2019, an exchange ceremony for this basic agreement was held at the Japan-Saudi Vision 2030 Business Forum held in Tokyo.