Monthly Thematic Piece

Aramco, Sasol and? – Structural Change In Basic Chemicals
June 22, 2020
Products Mentioned:
Polyethylene, Ethylene, EPDM, Alpha Olefins, Oil, Ethane
Companies Mentioned:
Aramco, SABIC, Dow/Sadara, ExxonMobil, Motiva, Sasol, LyondellBasell, CP Chem, Ineos, Westlake, Indorama, Reliance, Petronas
Subjects Covered:
Consolidation, Joint Ventures, Oil to Chemicals

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 

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