Saudi Aramco and Sabic jointly announced a new structure for their sales and marketing responsibilities on 29 April.
Sabic will now be taking over polymer sales while Saudi Aramco will handle the sales of fuel products. Aramco will also transfer responsibilities for Malaysia’s PRefChem and South Korea-based S-Oil joint-ventures.
In this episode as a part of the Global Polymer Conversations, Argus VP Muhamad Fadhil and Middle East reporter Matt Rajendra discuss the implications of these latest updates on the market.
Related news story: Sabic to take over most of Saudi Aramco's petchem sales
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