Offshore Technology on MSN

SABIC to divest EP and ETP businesses for $950m

SABIC will divest its EP business to AEQUITA, while its ETP business will be sold to MUTARES, with the combined enterprise ...
Argaam

SABIC to sell Americas, Europe units; expects SAR 18.3B non-cash loss

In an effort to optimize its portfolio, Saudi Basic Industries Corp. (SABIC) said it is divesting 100% of the shares in SABIC ...
Asharq Al-Awsat on MSN

SABIC reshapes global footprint with $950m divestment deals

Riyadh: Saudi Basic Industries Corporation (SABIC) has announced a major overhaul of its global portfolio, accelerating its exit from petrochemical and engineering plastics assets in Europe and the ...
Packaging Europe

SABIC divests petrochemicals and thermoplastics businesses for €708 million

SABIC has signed two strategic transactions to divest its petrochemicals and regional engineering thermoplastics businesses ...