09 April 2018, Houston — Saudi Aramco took the first steps to integrating a petrochemicals business into the United States’ biggest oil refinery, which is operated by its subsidiary Motiva Enterprises. Aramco’s Chief Executive Amin Nasser signed memoranda of understanding (MoU) worth $8 billion-$10 billion with Honeywell UOP (HON.N) and Technip FMC (FTI.N) to study …
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