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Sabic unit awards deals to CTCI, SinopecArabian Industrial Fibers Co (Ibn Rushd), an affiliate of Saudi Basic Industries Corp (Sabic), has signed contracts with Taiwan's CTCI and China's Sinopec Engineering to expand its capacity, Sabic said. The contract with More… |
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Ibn Rushd in $1.3bn stock-for-debt dealArabian Industrial Fibres Co (Ibn Rushd), an affiliate of Saudi Basic Industries Corp, said it would issue about 5 billion riyals ($1.33 billion) worth of shares to pay off debts to Sabic and a state fund. Ibn Rushd said in a statement on More… |
