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"Saudi and Japanese officials will hold meetings on Wednesday to discuss Japanese investment into the planned initial public offering (IPO) of a small part of Riyadh-controlled Saudi Aramco, said Khalid Al-Falih, the kingdom's energy minister.", www.tradearabia.com
"RIYADH — Two Saudi Arabian industrial giants said on Tuesday they will jointly study a project to make chemicals from oil, as the world's largest crude exporter seeks to diversify its economy. Saudi Aramco, the state oil company, said it has signed an agreement with Saudi Basic Industries Corp. (SABIC), one of the largest global manufacturers of petrochemicals, fertilisers, plastics and metals.", www.jordantimes.com
"State oil giant Saudi Aramco [IPO-ARMO.SE] and Saudi Basic Industries Corp(SABIC) expect a feasibility study to build their first joint project in the kingdom to be completed early next year, the heads of the two companies said on Tuesday.", www.reuters.com
"Saudi Aramco and Saudi Basic Industries are a step closer to building their first plant to process crude directly into chemicals. This cuts out a costly intermediate link in the production of plastics. Bloomberg's Anthony DiPaola reports on 'Bloomberg Markets Middle East.'", www.bloomberg.com
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