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

-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 ....

Saudi Arabia , Saudi Aramco , Hengli Petrochemical , Louise Heavens ,

Saudi Aramco in Talks to Acquire 10% Stake in China's Hengli Petrochemical

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, said on Monday that it has entered into discussions with China’s Hengli Group Co., Ltd. (Hengli Group) regarding the potential acquisition of a 10% stake in Hengli Petrochemical Co., Ltd. (Hengli Petrochemical), subject to due diligence and required regulatory clearances. ....

Liaoning Province , Saudi Arabia , Mohammed Al Qahtani , China Hengli Group Co Ltd , Saudi Aramco , Shengli Group , Hengli Petrochemical Co Ltd , Hengli Petrochemical , Downstream President Mohammed Al Qahtani ,