Sun, 2022-12-18 14:26
RIYADH: Saudi Basic Industries Corp. has signed a memorandum of understanding with energy giant Saudi Aramco and China Petroleum & Chemical Corp., known as Sinopec, to assess the economic and technical feasibility of developing an integrated petrochemical complex with an existing refinery in Yanbu.
In a statement given to the Saudi Stock Exchange, SABIC noted that this MoU would be valid for 18 months.
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