Saudi Chemical Company Holding announced on May 17, 2026 that its subsidiary Saudi Chemical Company Limited signed a contractual agreement with the National Company for Mechanical Systems to supply military materials (Trinitrotoluene). The 5-year contract, signed on May 14, 2026, has a maximum value of USD 198 million (equivalent to SAR 742 million) inclusive of VAT, with actual payments based on purchase orders issued by NCMS according to agreed quantities. The financial impact is expected to be positive starting from the fourth quarter of 2026, with supply operations commencing after commercial operation begins.

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Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.