Tag: Lanxess/Saudi Aramco synthetic rubber jv; EUR2.75 bn value

Lanxess/Saudi Aramco synthetic rubber jv; EUR2.75 bn value

German speciality chemicals company Lanxess, the world’s largest producer of synthetic rubber, and Saudi Aramco, the world’s largest oil/energy producer, plan to establish a joint venture for synthetic rubber. Lanxess and Saudi Aramco subsidiary, Aramco Overseas Company, will each hold…