Arlanxeo Sells its Olefins Business in Canada to Mitsubishi Corporation

Arlanxeo Canada, a subsidiary of the Saudi Arabian Oil Company (Saudi Aramco), and Diamond Petrochemicals Canada, a subsidiary of Japan’s Mitsubishi, have announced the execution of an agreement between the companies, where Arlaxeo will sell its olefins business to Mitsubishi Corp. Arlanxeo’s olefins unit is located at the bio-industrial park Sarnia in Ontario, Canada and … Read more