Reliance-Aramco deal delayed, Reliance to spin off oil-to-chemicals business into separate subsidiary

Reliance-Aramco deal delayed, Reliance to spin off oil-to-chemicals business into separate subsidiary
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16.07.2020

MOSCOW (MRC) -- Reliance Industries says that due to unforeseen circumstances in the energy market as well as COVID-19, its talks with Saudi Aramco to form an oil-to-chemicals (O2C) partnership have not progressed according to the original timeline, reported Chemweek.Mukesh Ambani, chairman and managing director of Reliance, said during the company's annual shareholders' meeting on Wednes

Full article at mrcplast.com

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