19
Jul
13:29
Saudi Aramco eyes strategic interest in Sabic
Saudi Aramco is in preliminary discussions with the Public Investment Fund (PIF) to privately acquire a strategic interest in petrochemicals and steel producer Sabic, the state-owned oil giant confirms.
“Consistent with the company’s strategy of rebalancing its portfolio by moving further into downstream and the petrochemical sector in particular, the company has been evaluating a number of acquisition opportunities, both local and global,&rdquo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous