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 ...

Sabic has agreed to sell its European petrochemicals (EP) business to Aequita for an enterprise value of $500 million and to sell its regional engineering thermoplastics (ETP) business in the Americas ...

As global energy demand surges—driven by AI-hungry data centers, advanced manufacturing, and electrified transportation—researchers at the National Renewable Energy Laboratory have unveiled a ...

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 sells assets across Europe and Americas worth $950 million Shares fall over 5% following announcement SABIC is one the world's biggest petrochemicals companies Firm has been restructuring and ...

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, ...

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

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 ...