Sabic

ExxonMobil, SABIC to proceed with Gulf Coast Growth Ventures project

Submitted by Mark Venables on Tue, 2019-07-09 11:33

09th July 2019

ExxonMobil, SABIC to proceed with Gulf Coast Growth Ventures project

ExxonMobil and SABIC have announced the decision to proceed with the construction of a chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Texas, leading to thousands of high-paying jobs and billions in economic output.

Saudi Aramco signs share purchase agreement to acquire majority stake in Sabic

Submitted by Mark Venables on Thu, 2019-03-28 09:07

28th March 2019

Saudi Aramco signs share purchase agreement to acquire 70% majority stake in SABIC

Sabic announced that Saudi Aramco signed today a share purchase agreement to acquire a 70% majority stake in Sabic from the Public Investment Fund of Saudi Arabia in a private transaction.

SABIC and ExxonMobil advance Gulf Coast project with creation of a new joint venture

Submitted by Mark Venables on Fri, 2018-05-18 08:23

18th May 2018

SABIC and ExxonMobil have created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Texas.