Sanabil Investments Becomes Partner with 30% Share in InoChem

December 14, 2015

Sanabil Investments became a founding partner of Khair Inorganic Chemical Industries Company (InoChem) by contributing a 30 percent share. Sanabil Investments contributed approximately SR800 million in equity out of the total investment of SR2.125 billion. Marking the completion of investment capital needed to establish InoChem and move strategically forward, Sanabil Investments’ contribution emphasizes supporting localized business and the Kingdom’s overarching strategy to support non-petroleum investments, fostering a better future for everyone with new industries.