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SABIC Signs Agreement to Study Feasibility of Investing in Polish Petrochemical Sector

admin-augaf by admin-augaf
December 2, 2022
in Business, Finance
Reading Time: 1 min read
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China's crackdown on intensive energy use ripples across petrochemical sector

China's crackdown on intensive energy use ripples across petrochemical sector

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Riyadh December 2 2022: SABIC, the world's leading diversified chemicals company, has signed a joint development agreement with Saudi Aramco and PKN ORLEN, the largest energy group in Poland, to jointly assess the technical and economic feasibility of establishing a petrochemical production project in Gdańsk, in Poland.

Acting CEO of SABIC, Eng. Abdulrahman bin Saleh Al-Fageeh said the company's position and global presence in the chemicals sector contributed to providing innovative solutions that focus on customers in Europe and the world, adding that the joint development agreement laid the first cornerstones towards a potential partnership with Aramco and PKN ORLEN in petrochemical production.

Tags: Petrochemical
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