But Why!!! Saudi Aramco keen to buy Valvoline Commercial Unit Plant

State oil giant Saudi Aramco approached Valvoline Inc. about a potential takeover of one of its units.

Talks are early-stage and there are no guarantees the two sides will reach agreement, they said in a media.

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Valvoline Share price rises more than 13% Wednesday after The Wall Street Journal reported on the talks.

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Valvoline said in a statement that it continues to work on its separation process with the goal of setting both businesses up.

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Saudi Aramco Oil Giant is currently looking to develop opportunities in refining and petrochemicals.

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The Saudi Aramco interest in Valvoline marks its latest move to expand its downstream business.

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Saudi Aramco bought a stake in a Polish refinery and said it would invest in a 300,000-barrel-a-day refining.

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Saudi Aramco is expanding its petrochemical refineries and for this they need a company with business experience.

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State oil giant Saudi Aramco approached Valvoline Inc. about a potential takeover of one of its units.

Saudi Aramco Valvoline Plant- 1 Unit Takeover

Talks are early-stage and there are no guarantees the two sides will reach agreement, they said in a media.

Saudi Aramco Valvoline Plant- Talks Continue

Valvoline Share price rises more than 13% Wednesday after The Wall Street Journal reported on the talks.

Saudi Aramco Valvoline Plant- Shares Rose High

Valvoline said in a statement that it continues to work on its separation process with the goal of setting both businesses up.

Saudi Aramco Valvoline Plant- Setting Business

Saudi Aramco Oil Giant is currently looking to develop opportunities in refining and petrochemicals.

Saudi Aramco Valvoline Plant- Opportuunity

The Saudi Aramco interest in Valvoline marks its latest move to expand its downstream business.

Saudi Aramco Valvoline Plant- Downstream Biz

Saudi Aramco bought a stake in a Polish refinery and said it would invest in a 300,000-barrel-a-day refining.

Saudi Aramco Valvoline Plant- Polish Refinery

Saudi Aramco is expanding its petrochemical refineries and for this they need a company with business experience.

Saudi Aramco Valvoline Plant- What Next

Swipe up for Stories related to Tchnology, Gadgets, Finance, & Other Trending News around the Globe.

Saudi Aramco Valvoline Plant- Swipe Up!!!