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Aramco Ventures into South American Downstream Market with Acquisition of Esmax

Aramco has finalized plans to acquire Esmax Distribuscion, a prominent downstream fuels and lubricants retailer based in Chile

Aramco to enter South American retail market with Esmax acquisition

Aramco to enter South American retail market with Esmax acquisition
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Aramco to enter South American retail market with Esmax acquisition

Deal unlocks new market opportunities and advances Aramco's global Downstream expansion DHAHRAN, Saudi Arabia, Sept. 16, 2023 /PRNewswire/ Aramco, one of the world's leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción SpA ("Esmax") from Southern Cross Group, a Latin America-focused private equity company. The transaction is subject to.

Saudi Arabia s Aramco Purchases $3 4B Stake in China s Rongsheng

Saudi Arabia s Aramco Purchases $3 4B Stake in China s Rongsheng
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Aramco completes $3 4bn purchase of Rongsheng stake

Aramco, one of the world’s leading integrated energy and chemicals companies, has closed a landmark transaction to acquire a 10% interest in Rongsheng Petrochemical for $3.4 billion, through its subsidiary Aramco Overseas Company BV.

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