# Alwasail Industrial signs $80M raw material supply contract with SABIC

Alwasail Industrial Company signed an annual contract with SABIC to buy 60,000 metric tonnes of raw materials for approximately 300 million Saudi riyals ($79.94 million) for manufacturing polyethylene pipes and derivatives.

- Type: Contract
- Announced: 2023-02-01
- Where: Saudi Arabia
- Value: $79.9M
- Status: announced
- Capacity: 60,000 metric tonnes of raw materials per year
- Products: polyethylene pipes and derivatives
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Alwasail Industrial Company](https://endata.com/companies/68272.md)
- [SABIC](https://endata.com/companies/3200.md) (supplier)

## Sources

- [zawya.com](https://www.zawya.com/en/projects/industry/saudis-alwasail-industrial-signs-80mln-raw-material-contract-with-sabic-445728), 2023-02-01: "Company signs annual contract with SABIC to buy 60,000 metric tonnes of raw materials"

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