Wednesday, 20 October 2021

Tag Archives: Lanxess

Aramco buys out 50pc stake of Lanxess

BERLIN: Saudi national petroleum company Saudi Aramco said it had completed an acquisition of a 50-percent stake in synthetic rubber joint venture Arlanxeo from the German chemical company Lanxess for 1.5 billion euros ($1.72 billion). As a result of the deal, Saudi Aramco became the sole shareholder of Arlanxeo. “ARLANXEO, ...

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