SABIC has the signed two strategic transactions to divest its European Petrochemicals (EP) business to AEQUITA and its Engineering Thermoplastics (ETP) business in the Americas and Europe to MUTARES, for a total combined enterprise value of $950 million. SABIC’s EP business produces and markets various petrochemical and plastic products: ethylene, propylene, low- and high-density polyethylene (LDPE, LLDPE, and HDPE), polypropylene (PP), and value-added polymer compounds, and

Announcing on October 3 that it would be selling its Urethane Systems business to Japan's Ube Corp., German materials supplier Lanxess...