Saudi Arabian petchems company Sabic eyes up acquisitions in 2016 | The National:
"One of the world’s largest petrochemical manufacturers, Saudi Basic Industries Corporation, or Sabic, will make “at least one acquisition” next year, according to its chief executive.
Yousef Al Benyan, acting vice chairman and chief executive of the Riyadh-based company, said on Thursday that Sabic was planning to announce the potential additions to its core market early in 2016.
“I can tell you that [we are evaluating] between two to four companies in North America and China,” he said on the sidelines of the GPCA petrochemicals conference in Dubai, declining to expand on the types of companies being looked at."
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