Longi is set to invest $2bn in a solar and carbon black integrated complex, according to an official from the country's National Industrial Clusters Program. The scheme will form part of a collaboration between Longi, Chinese company Saudi Arabia and South Korean firm OCI, according to Tariq Baksh, the vice-president of chemicals and renewables at the organisation. Baksh said that a feasibility study for the proposal is expected to be completed by mid-2019.
Saudi Arabia is set to invest $2bn in a solar and carbon black integrated complex, according to an official from the country's National Industrial Clusters Program. The scheme will form part of a collaboration between Saudi Arabia, Chinese company Longi and South Korean firm OCI, according to Tariq Baksh, the vice-president of chemicals and renewables at the organisation. Baksh said that a feasibility study for the proposal is expected to be completed by mid-2019.