MODON had signed with TAQNIA Advanced Materials Company, first qualitative factory to produce carbon pipes, which is a component of a number of industries such as batteries, paints and modern construction techniques. This product is considered as one of the quality products which obtained several patents owned by King Abdulaziz City for Science and Technology (KACST), the factory will be located in Riyadh's third industrial city. TAQNIA is one of the companies that belongs to the Saudi Technology Development and Investment Company owned by the Public Investment Fund.