Saudi Arabian petrochemical companies SIIG and Petrochem unveil plan for merger

Saudi Arabian petrochemical companies SIIG and Petrochem unveil plan for merger
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29.09.2021

MOSCOW (MRC) - Saudi Arabian petrochemicals companies Saudi Industrial Investment Group (SIIG) and the National Petrochemical Company (Petrochem) said on Tuesday they had signed a non-binding agreement on a proposed merger, reported Reuters.The deal would consist of a share exchange offer made by SIIG to acquire the remaining 50% of Petrochem that SIIG did not already own, the companies s

Full article at mrcplast.com

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