SABIC to supply carbon black to Pirelli's tire manufacturing plant in Saudi Arabia
The Saudi Basic Industries Corporation (SABIC) signed an agreement with the joint venture established between the Public Investment Fund (PIF) and Pirelli, for the supply of polybutadiene rubber and carbon black to achieve 3.5 million tires annually – a major milestone toward empowering and advancing local content in the Kingdom of Saudi Arabia through its localization initiative, NUSANEDTM.