Saudi Arabia-based SABIC, one of the world's largest petrochemical firms, plans to deepen its investment and collaborative partnerships in China, as it has been leveraging the country's continuously ...

The Saudi chemicals giant is expected to raise up to $950m from the sale of its petrochemicals and engineering thermoplastics business in Europe and the Americas – transactions necessary to improve ...

A forklift in a warehouse stacked with bags of plastic resin. A Sabic warehouse in Bergen op Zoom, the Netherlands. The company is selling off troubled operations in Europe. Credit: Sabic The Saudi ...

Sabic sank to a 16-year low in Riyadh trading after shrinking its business by selling assets in Europe and the US. The sales will leave Saudi Arabia’s biggest chemicals producer focusing on operations ...

(RTTNews) - Mutares SE & Co. KGaA (MUX.F, MUX.DE) on Thursday said it has signed an agreement to acquire Saudi Basic Industries Corp. (2010.SR) regional Engineering Thermoplastics business in the ...

SABIC sells European and Americas assets for $950M amid restructuring, impacting stock performance and focusing on core operations. SABIC Divests European and Americas Assets Worth $950 Million DUBAI, ...

The Saudi Basic Industries Corporation (SABIC; Riyadh, Saudi Arabia) announced the signing of two strategic transactions to divest its European Petrochemicals (EP) business to AEQUITA and its ...

Sabic has announced the sale of its plastics businesses in the Americas and Europe in two major transactions valued at $950M. The deals, involving Mutares SE & Co. KGaA and Aequita SE & Co. KGaA, ...

This is the largest transaction in Mutares’ history by revenues The ETP business generates revenues of around $2.5bn The closing is expected in H2 2026 Mutares has agreed to acquire the regional ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Saudi Basic Industries Corporation (SABIC) has signed two separate ...

— By Plasteurope.com staff — Due to technical problems, Sabic (Riyadh, Saudi Arabia; www.sabic.com) has declared force majeure for LDPE from its UK pr... Published on 03.12.2025 The page you requested ...