Saudi Basic Industries Corporation (SABIC) is selling its European petrochemicals and its Engineering Thermoplastics business in the Americas and Europe for a total of $950 million as part of a strategic portfolio optimization to prioritize high-growth markets and improve return on capital employed.
Saudi Basic Industries Corporation (SABIC) has signed two separate agreements to sell its European petrochemicals business and the engineering thermoplastics business in the Americas and Europe, for a total of $950 million, Saudi Arabia’s chemicals g… [2113 chars]
Source: OilPrice | Published: 2026-01-08T12:00:00Z
Credit: OilPrice
