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Petrol Nas leases land for petrochemicals in Al Khobar
Nass Petroleum Factory Company announced the signing of a long-term lease agreement for 20 years to rent a plot of land measuring 25,799 square meters in Al-Kharj Industrial City, with the aim of establishing a factory specialized in petrochemical production. The project seeks to enhance the company's production capabilities and expand its operations in the petrochemical sector, contributing to supporting growth and developing the Saudi market in line with Saudi Vision 2030. The financial impact of the contract will commence after the completion of the factory's construction and the start of operations, with no related parties involved in the agreement.
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