reuters.com

Dow Considers Exiting $20B Aramco Partnership With Sadara JV

Dow logoDow
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Saudi Aramco logoSaudi Aramco
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Dow shares rose nearly 5% in premarket trading as reporting said Dow is weighing an exit from its Aramco-linked joint venture, Sadara Chemical Co, in Saudi Arabia’s Jubail. The venture runs a chemicals and plastics complex with capacity over 3 million metric tons annually. Dow holds a minority stake, and Aramco could seek to buy it, though no final decisions have been made.

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