Saudi Basic Industries (Sabic) has sold its petrochemical plants in Europe and its thermoplastics business in Europe and the ...

Sabic has agreed to sell its European petrochemicals (EP) business to Aequita for an enterprise value of $500 million and to ...

The company is divesting its EP business to AEQUITA and its ETP business to MUTARES.

, said that the recent divestments carried out by the company are fully aligned with its current long-term strategy, which focuses on maximizing value ...

AEQUITA , a global industrial group headquartered in Munich, is to acquire the European petrochemicals portfolio of SABIC, which includes a major site in Teesside.

Manufacturers use method that labels plastic as ‘circular’ and climate-friendly, despite being mostly fossil-based ...

(Corrects buyer companies in paragraphs 2 and 3) Jan 8 (Reuters) - Saudi chemical major Saudi Basic Industries Corporation (SABIC) has agreed to divest its entire stake in SABIC Europe and its ...

German private equity firms Aequita and Mutares have agreed to acquire the Saudi chemical giant’s European Petrochemicals ...

Saudi Basic Industries Corp. is expanding its research and development operations in Selkirk, N.Y. Work on the project will begin later this summer, with completion expected in mid-2019, spokesperson ...

RIYADH, Saudi Arabia (AP) — Saudi Aramco signed a $69.1 billion deal Wednesday to purchase a 70 percent share in petrochemical firm SABIC, helping pump capital into the kingdom's sovereign wealth fund ...

SABIC, a diversified chemical company headquartered in Riyadh, Saudi Arabia, has earmarked about $1.5 million in donations to assist those most impacted during the COVID-19 pandemic in the Americas ...