SABIC
SABIC is a diversified manufacturing company based in Saudi Arabia, primarily engaged in chemicals and intermediates, industrial polymers, fertilizers, and metals. It is the largest public company listed on Tadawul and the second largest global ethylene glycol producer. SABIC Ventures, its wholly-owned subsidiary, focuses on seed and early-stage venture capital financing for innovative companies globally.
Top Stages
Past deals in Saudi Arabia
Black Diamond Structures
Acquisition in 2019
Black Diamond Structures LLC, established in 2014 and headquartered in Austin, Texas, specializes in manufacturing innovative solutions based on nanomaterial technology for the lead acid and lithium ion battery industries. The company's core product, Molecular Rebar®, is a proprietary technology that produces high-quality multi-wall carbon nanotubes. As of January 2019, Black Diamond Structures operates as a subsidiary of Saudi Basic Industries Corporation (SABIC), leveraging SABIC's global reach and resources to enhance its impact on the energy storage industry.
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