C-MACC Perspectives No 19
Aramco, Sasol and? – Structural Change In Basic Chemicals
- While expected, the completion of the SABIC acquisition by Aramco last week could drive meaningful and not necessarily helpful change for much of the chemical industry – given Aramco’s global expansion ambitions in Chemicals.
- Separately, as bids emerging for a share in the Sasol facility in Lake Charles, a different scale of transaction and driven by very different motivations, we discuss motivations and what might make sense for a buyer.
- Early signs of what is coming as companies likely emerge from this downturn with different perspectives, growth estimates and different stakeholder priorities.
See PDF below for all charts