UNIBIO A/S announced that it has received $70 million in funding from Saudi Industrial Investment Group

Saudi Industrial Investment Group SJSC is engaged in industrial, petrochemical, chemical, mineral projects, and other plastic industries, as well as the marketing of these products. It operates in two segments: Polymers segment, which represents Saudi Polymers Co LLC that produces and sells motor fuel blend stock, fuel oil, ethylene, propylene, 1-hexene, high density and low-density polyethylene and polypropylene, and Gulf Polymers Distribution Co FZCO that felicitates sales of polymer and monomer products and provision of international warehousing; and Aromatics segment which represents Saudi Chevron Phillips Co that is engaged in the production of liquid fuels, basic organic chemicals, primary gases and gaseous fuels; Jubail Chevron Phillips Company that is engaged in the production of basic organic chemicals, propylene and liquid fuels, and Aromatics Distribution Co FZCO that distributes the aromatic products such as styrene, cyclohexane, propane and benzene.