GASCO mulls JV to set up composite cylinder factory with UK’s Aburi Composites

  • 8/17/2022
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RIYADH: National Gas and Industrialization Co., or GASCO, is studying the feasibility of partnering with UK’s Aburi Composites and Saudi-based Front End Co. to operate a joint cylinder factory. Once the deal is finalized, the joint factory will be specialized in manufacturing composite cylinders, Nomu-listed GASCO said in a bourse filing. This aligns with its strategy and experience in the gas supply chain, strengthening its investments in gas supply chains and enhancing localization opportunities. UK-based Aburi Composites is a leading supplier of composite fiberglass cylinders, while Front End provides advisory services to support the expansion of international companies.

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