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Sarco Unit Bags SAR13 Million Subcontract From Saudi Binladin Group

MT Newswires·08/23/2026 03:16:10
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03:16 AM EDT, 08/23/2026 (MT Newswires) -- Saudi Arabian Refineries Co. (SASE:2030), d/b/a Sarco, said Sunday that its subsidiary landed a subcontracting project worth 12.9 million Saudi riyals from Saudi Binladin Group. Under the 12-month agreement, Advanced Industrial Supplies Co., d/b/a Lawazim Industrial, will supply and install wooden doors for the National Guard Housing Project in Yanbu, Saudi Arabia. The Saudi Arabia-listed petroleum refining company's subsidiary, Masafi Ventures Co., owns 85% of Lawazim.