# FIPCO signs SAR 86.8M jumbo woven bag supply framework deal with SABIC

Filling & Packing Materials Manufacturing Co. (FIPCO) signed a three-year framework agreement, extendable by two years, to manufacture and supply large woven plastic bags to SABIC, with an estimated value of SAR 86,754,129 excluding VAT.

- Type: Contract
- Announced: 2026-02-24
- Where: Saudi Arabia
- Value: $23.1M (86.8M SAR)
- Status: announced
- Products: large woven plastic bags, jumbo bags
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SABIC](https://endata.com/companies/3200.md) (customer)
- [FIPCO](https://endata.com/companies/3204.md) (supplier)

## Sources

- [saudiweek.com](https://saudiweek.com/fipco-inks-sar-86-8m-woven-bags-supply-deal-with-sabic-for-3-years/), 2026-03-02: "Filling & Packing Materials Mfg. Co. (FIPCO) signed a framework agreement with Saudi Basic Industries Corp. (SABIC) to manufacture and supply large woven plastic bags for three years."
- [fipco.com.sa](https://www.fipco.com.sa/en/uncategorized-en/filling-packing-material-mfg-co-fipco-announces-signing-of-a-freamwork-agreement-with-saudi-basic-industries-corp-sabic-for-an-estimated-value-of-sar-86754129-excluding-vat/), 2026-03-02: "announces the signing of a framework agreement with Saudi Basic Industries Corp. (SABIC) to manufacture and supply of large woven plastic bags Jumbo Bags for a period of three years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.