CYMAT ANNOUNCES MAJOR ALUSION™ ORDER FOR NEOM PROJECT
MISSISSAUGA, ON, Jan. 24, 2024 /PRNewswire/ - Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the "Company" or "Cymat") is pleased to announce that it has received its first order to provide AlusionTM stabilized aluminum foam panels for installation in the Kingdom of Saudi Arabia's NEOM project, currently the largest construction project in the world.
- MISSISSAUGA, ON, Jan. 24, 2024 /PRNewswire/ - Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the "Company" or "Cymat") is pleased to announce that it has received its first order to provide AlusionTM stabilized aluminum foam panels for installation in the Kingdom of Saudi Arabia's NEOM project, currently the largest construction project in the world.
- NEOM is a massive commercial, residential, recreational, and cultural land development project underwritten by a US$ 500 billion investment from the Public Investment Fund of the Kingdom of Saudi Arabia.
- Cymat's AlusionTM panels will form an important design element for the water park located in the Sindalah district of the NEOM development.
- Sindalah will be the first region of NEOM to be completed and will act as the gateway for visitors to the entire NEOM development.