Saudi Arabian SIIG and Petrochem in merger talks

MOSCOW (MRC) -- Saudi Industrial Investment Group (SIIG; Riyadh) and National Petrochemical Co. (Petrochem; Jubail, Saudi Arabia) say they have started talks over a potential merger of the two companies, reported Chemweek.SIIG and Petrochem have issued statements saying their boards have approved initial discussions between the companies to study the "economic feasibility" of a possible

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