Regions :: Middle East :: Saudi Arabia
Sabic, Lockheed Martin to establish carbon nanostructure materials JV in Saudi Arabia
7:38 AM MDT | May 16, 2014 | Deepti Ramesh
Sabic and security and aerospace company Lockheed Martin (Bethesda, MD) have launched a partnership to explore establishing a new joint venture company in Saudi Arabia to develop carbon nanostructure materials for a variety of end markets and applications, Sabic says. Sabic and Lockheed Martin, under a newly signed memorandum of understanding, will coordinate on the development, industrial validation, testing, scale-up, production, and sale of carbon nanostructure materials and carbon nanostructure infused products, Sabic says. “We are happy that Lockheed...
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