Logo ofSaudi Arabian Oil Co. (Saudi Aramco)
China’s Rongsheng Petrochemical Co. Ltd. signed a memorandum of understanding (MoU) with Saudi Arabian Oil Co. (Saudi Aramco) to acquire 50% of Saudi Aramco Jubail Refinery Co. (SAJREF).
They are also discussing Aramco’s potential acquisition of up to 50% of Rongsheng’s Ningbo Zhongjin Petrochemical unit…
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