All publications by tag «SABIC»
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2020, June, 16, 13:30:00
ARAMCO, SABIC ACQUISITION $69 BLN
Aramco had been looking to restructure the deal after SABIC’s market value fell more than 40% due to an oil price slump.
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2019, March, 29, 11:30:00
SAUDI ARAMCO PAYS $69.1 BLN
Saudi Aramco announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for $69.1bn.
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2019, January, 14, 11:20:00
SAUDI ARAMCO BONDS: $10 BLN
PLATTS - Saudi Arabia's state-owned oil giant Aramco will seek to sell around $10 billion in bonds to help fund the purchase of petrochemicals firm Sabic, Saudi energy minister Khalid al-Falih said Sunday.
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2018, October, 17, 10:10:00
SAUDI - INDIA'S DOWNSTREAM
MEOG - Judaimi highlighted that the closer cooperation between Saudi Aramco and Indian energy entities is reflected in the partnership with RRPCL and ADNOC on the Ratnagiri mega-refinery and petrochemicals complex in Maharashta this year. He noted that nearly $2 billion in material-service sourcing with Indian companies to date; and the opening of the Aramco Asia India office in 2017.
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2017, October, 30, 11:15:00
SABIC PROFIT UP 10.7%
Reuters - Saudi Basic Industries Corp (SABIC), the world’s fourth-biggest petrochemicals company, reported a 10.7 percent rise in third-quarter net profit on Sunday, beating analysts’ estimates.
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2017, August, 17, 15:05:00
SHELL SELLS SADAF FOR $820 MLN
Shell has completed the sale of its 50% share in SADAF, the petrochemicals joint venture, located in Al Jubail, in the Kingdom of Saudi Arabia to SABIC for $820 million. This sale was announced on 22 January 2017. Completion follows anti-trust filings in the relevant countries and regulatory approval from the Kingdom of Saudi Arabia.
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2014, April, 21, 18:30:00
SABIC: GAS LIMITING
Saudi's SABIC says natural gas shortage limiting domestic growth