First ever Nanotech Company in Saudi Arabia
The company will specialise in the manufacture of nanomembranes , used in pharmaceuticals,petrochemicals, and agricultural industries.
The chairman Prince Bader Bin Saud said the firm would provide the Kingdom with a means of keeping pace with worldwide developments in nanothechnology, without having to rely on foreign research.
The company took three years to set up.
“The technique, which relies on the separation of materials into very small parts, can be of great benefit to industries, such as, desalination, water treatment, petrochemicals, pharmaceuticals, medical, and agro-industrial,” Prince Bader Bin Saud said.