News
19 September 2024

SABIC to sell stake in Alba to Ma'aden for about $1bn

In:
Chemicals/Petrochemicals
Region:
Middle East & Africa

Petrochemical group Saudi Basic Industries Corp will sell its minority stake in Aluminium Bahrain (Alba) to Saudi mining firm Ma'aden for around $1 billion.The sale proceeds from the 20.62% stake are expected between BHD363 million ($963.25 million) and BHD398 million ($1.06 billion), SABIC said...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
29 October 2025

10 mins with: PuiYin Tham, Marubeni

TXF spoke with PuiYin Tham, vice president of business development at Marubeni to outline the benefits of taking the ECA funding route and how the Japanese developer’s deal...

Perspective
31 October 2025

Aliança Energia: Vale taps GIP’s firepower

Global Infrastructure Partners' $1 billion swoop for Aliança Energia highlights the changing structure of Brazil's electricity market. Big commodities producers and...