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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Sahara, Sipchem sign MOU for proposed merger

3:00 PM MST | December 16, 2013 | —Natasha Alperowicz

Sahara Petrochemical Co. (Riyadh) and Saudi International Petrochemical Co. (Sipchem; Al Khubar) have signed a memorandum of understanding (MOU) to begin confirmatory due diligence and continue nonbinding negotiations covering detailed terms of their previously announced merger....

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