News
22 April 2024

Aramco in talks to buy 10% of China's Hengli Petrochemical

In:
Chemicals/Petrochemicals
Region:
Asia-Pacific

Saudi Aramco is in talks to acquire a 10% stake in China's Hengli Petrochemical - a deal which would further bolster the oil giant's growing downstream presence in China.Aramco is in talks with parent Hengli Group Co and signed an MoU over the proposed transaction, which is subject to due...

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