Saudi Aramco and Sabic jointly announced a new structure for their sales and marketing responsibilities on 29 April. Sabic will now be taking over polymer sales while Saudi Aramco will handle the sales of fuel products. Aramco will also transfer responsibilities for Malaysia’s PRefChem and South Korea-based S-Oil joint-ventures.

In this episode as a part of the Global Polymer Conversations, Argus VP Muhamad Fadhil and Middle East reporter Matt Rajendra discuss the implications of these latest updates on the market.

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The Argus Polymers service gives you access to regional polyethylene, polypropylene and polyvinyl chloride contract and spot benchmarks, global industry news and analysis of key economic drivers on a weekly basis: https://www.argusmedia.com/petrochemicals/argus-polymers