Nusaned Investment™, a wholly-owned subsidiary of SABIC (Saudi Basic Industries Company), signed an agreement to invest in Al-Khobar-based Isotopes Company to set up a facility in Dammam in the Eastern Province of Saudi Arabia for the processing of Sealed Radioisotopes that are widely used in portable non-destructive testing applications across sectors.

Through this facility, Isotopes Company aims to become one of the first local players in the radioisotopes processing field for industrial and medical applications, which will contribute to meeting local demand, reducing cost and localizing part of the value chain.

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Nusaned Investment™ Invests in Developing Local Radioisotopes Sector

Source: Marketscreener