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Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Arabia’s oil giant, in an effort to boost its downstream presence in China, is in discussions to buy a minority stake in a Chinese petrochemical company.

Saudi arabiaMohammed al qahtaniCharles kennedySaudi aramcoHengli group co ltdHengli petrochemical international pteHengli petrochemical coPetrochemical internationalAramco downstreamRongsheng petrochemicalSaudi aramco

Aramco praises Chinese solar power efforts, with a partial acquisition of Hengli Petrochemical

Albawaba – The Saudi petroleum giant, Aramco, has announced that it is in talks with Chinese firm Hengli Petrochemical regarding a potential acquisition

Li fengSaudi arabiaJanet kongNasser lasloomAndrew katzSaleh al zaidMohammedy al qahtaniAmin nasserNader arfajLtd head of originationHengli petrochemical internationalRongsheng petrochemical coWorld energy congress onHengli petrochemical international pteNorinco groupPanjin xincheng industrial group

Aramco plans to acquire 10% stake in Hengli Petrochemical

The potential deal aligns with Saudi Aramco’s strategy to expand its downstream presence in key high-value markets.

Ash sharqiyahSaudi arabiaAmin nasserMohammedy al qahtaniShengli groupHuajin aramco petrochemical companyZhejiang petroleumChemical companyAramco overseas companySaudi aramcoGetty imagesHengli petrochemicalAramco downstreamRongsheng petrochemicalAramco overseasRongsheng controlled zhejiang petroleum

Saudi Aramco in talks to buy 10% of China s Hengli Petrochemical

-Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China s Hengli Petrochemical, a deal which would further bolster Aramco s growing downstream presence in. -April 22, 2024 at 07:46 am EDT - MarketScreener

United arab emiratesSaudi arabiaFujian fuhua guleiYousef sabaDavid evansBaizhu chenShandong yulong petrochemical coHengli group coZhejiang petrochemical corpHengli petrochemicalRongsheng petrochemicalRongsheng controlled zhejiang petrochemicalJiangsu shenghongLiaoning provinceLouise heavens

Saudi Aramco in talks to buy 10% stake in China s Hengli Petrochemical

An agreement would be the latest in a string of Aramco deals with Chinese refiners.

Saudi arabiaLiaoning provinceFujian fuhua guleiGroup coHengli petrochemicalRongsheng petrochemicalRongsheng controlled zhejiang petrochemicalShandong yulong petrochemicalJiangsu shenghong

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