Grainews on November 5th, dalipal hldg (01921.HK) announced that on November 5, 2024, at the Abu Dhabi International Petroleum Exhibition, it signed a letter of intent with Saudi Aramco, a wholly-owned subsidiary of Saudi Aramco, Salman King Energy City (SPARK), to sign a Memorandum of Understanding on the construction of the production base at SPARK.
The project's products are mainly targeted at international markets such as the Middle East and Africa, and will be built as a world-class research and development center and intelligent manufacturing base following intelligent manufacturing, digital management, green development, and ESG standards.