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ExxonMobil Chemical Co. and Sabic will jointly promote the Texas joint venture project.
In June 2019
Exxon Mobil Chemical Co. and Sabic issued a joint announcement on June 13 that the two companies will promote a joint venture project in San Patricio County, Texas, to build a chemical plant and a steam cracking facility with an annual capacity of 1.8 million tons.
Sumitomo Chemical to set up its globalized TPO production system
In April 2019
Sumitomo Chemical announced that it plans to start localized production of thermoplastic polyolefins (TPO) in China and Europe this year
Saudi Arabia's energy giant Saudi Aramco has signed a deal to buy 70% stock of Sabic
In April 2019
Saudi Arabia's energy giant Saudi Aramco has signed a deal to buy 70% stock of Saudi Basic Industries Corp. for $69.1 billion.

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