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Saudi Aramco to invest billions in Chinese petrochemicals

Por: ABC News Business March 27, 2023

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RIYADH, Saudi Arabia -- Saudi Arabia's state-owned oil giant Aramco will invest billions of dollars in 's downstream petrochemicals industry, including the construction of a new refinery, the company said in deals announced Sunday and Monday.The announcements came as the company posted a record profit of more than $160 billion in 2022 and as , a longtime U.S. ally, has developed closer ties with Beijing in recent years. Aramco will... + full article



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