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Saudi Chemical Maker Sabic Evaluating IPO of Industrial Gas Unit

Saudi Chemical Maker Sabic Evaluating IPO of Industrial Gas Unit

Bloomberg09-07-2025
Saudi chemical maker Sabic is evaluating a share sale for its industrial gases unit as the company focuses on its core business and undergoes a restructuring.
Saudi Basic Industries Corp., as the company is officially named, began a study to evaluate 'strategic options' concerning National Industrial Gases Co., according to a statement on Wednesday. The review will consider an initial public offering on Saudi Arabia's main market, Sabic said.
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