Petronas Chemicals sells 50% of polymers unit to Saudi Aramco for $900M

Petronas Chemicals Group Bhd sold 50 percent of its polymers unit PRPC Polymers to Saudi Aramco's subsidiary Aramco Overseas Holdings for $900 million.

“Malaysia's Petronas Chemicals Group Bhd (PCG) said on Monday it has sold 50 percent of a polymers unit to Saudi Aramco's wholly owned subsidiary, Aramco Overseas Holdings Coöperatief U.A. for $900 million.”reuters.com

• 2 sources
• reuters.comPetronas Chem sells half of polymers business to Saudi Aramco for $900 mln | ReutersOct 2, 2017
• european-rubber-journal.comAramco to acquire 50% stake in Petronas polymers project | European Rubber JournalOct 4, 2017

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