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Saudi Aramco to acquire 50% stake in Petronas polymers project

byCT Report
04/10/2017
in Latest News
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RIYADH: Saudi Aramco is paying around $900 million (€765 million) to acquire a 50% stake in the Petronas Chemicals Group (PCG) polymers project within the Petronas Pengerang Integrated Complex, Aramco announced 2 Oct.

The transaction for the project currently under construction in the southern Malaysian state of Johor near Singapore is expected to close on 15 March 2018.

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