Tapes can be spliced in process | It followed a move to stop Bitcoin mining in Sichuan province |
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His workplace is a humble shack right in front of his home, which comprises a bed, pigeons in a pen to keep him company and more than 200 color-coded switches, running to a loud, humming diesel generator | If Aramco were to take a hard-nosed approach to its new investment, as any large energy company would, it could maximize its return on investment by rationalizing the whole of SABIC, not just a few product lines as seen above |
2 percent, a day after it revealed plans to float shares in at least one subsidiary next year and said it could divest other holdings.
25The Wall Street banks and others bid for the deal and Sabic is still finalizing the group, said the people, who asked not to be identified as the matter is still private | The merger also offers benefits to Aramco as it provides it with a quick expansion of its chemical business, which it is seeking to develop as part of its downstream strategy |
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The Saudi Ministry of Energy, Industry, and Mineral Resources MOE became the new owner of the Aramco shares issued in December 2017, when Aramco became a corporation | SABIC is also a large investor in Aluminium Bahrain B |
SABIC will provide Aramco a major boost in its presence in the chemical industry in Saudi Arabia and worldwide | A merger would also provide Aramco with an existing, extensive, and successful worldwide marketing organization |
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7 trillion during the December 4, 2019, IPO, this is a large amount | The unit produces speciality engineering thermoplastic resins and compounds, composites, thermosets and additives, according to information on its website |
The funds would be earmarked for transfer to the PIF to use in its investment strategy of buying high-tech, non-oil related firms locally and overseas to diversify the Saudi economy.
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