Announced
Synopsis
Saudi International Petrochemical, a petrochemical and chemical manufacturing company, agreed to acquire Sahara Petrochemicals, a producer of propylene, polypropylene, ethylene, and mixed polyethylene. The transaction is expected to provide synergy potential, from both a revenue and cost perspective, which is expected to drive value for shareholders. It is also expected to deliver benefits to the combined workforce, and local and international business partners.
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