Saudi’s SABIC sells assets in Europe, Americas worth $950m

Saudi Arabia’s SABIC has agreed to sell its European petrochemical business and its engineering thermoplastics business in Europe and the Americas for a combined enterprise value of $950m as part of restructuring during an industry slowdown.

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Jan 8, 2026 - 09:16
Saudi’s SABIC sells assets in Europe, Americas worth $950m
Saudi Arabia’s SABIC has agreed to sell its European petrochemical business and its engineering thermoplastics business in Europe and the Americas for a combined enterprise value of $950m as part of restructuring during an industry slowdown.
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