SABIC and Sinopec to study new JV petrochemicals project
SABIC and Sinopec will study the development of a new joint venture (JV) petrochemical project, according to an emailed statement by Sinopec. The two companies are also looking to possibly expand their investment in the Tianjin venture.
SABIC: SAR95.43 as of 15 Mar. 2017, Rating: Neutral, TP: SAR90.00/share, MCap: USD76,344mn, SABIC AB/2010.SE
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