IHS Chemical Week

Regions :: Middle East

Sahara Petrochemicals and Sipchem abandon merger talks

1:34 PM MDT | June 9, 2014 | Natasha Alperowicz

Sahara Petrochemicals (Riyadh) and Saudi International Petrochemical Co. (Sipchem; Al Khubar, Saudi Arabia) said today that they have decided not to pursue merger talks. This announcement follows the companies' signing of a memorandum of understanding (MOU) on 4 December 2013 to begin due diligence, which would lead to a possible merger. The Zamil Group, one of Saudi Arabia’s most prominent business families, holds shares in each company. “Although both companies are still convinced that the proposed merger is in the interest of their...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa