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The recent strategic Memorandum of Understanding (MoU) between Reliance Industries Limited (RIL) and Oil and Natural Gas Corporation (ONGC) marks an important development in India’s offshore energy sector.
The global petrochemicals industry is undergoing a significant transformation, and the recent move by Saudi Basic Industries Corporation (Sabic) to divest selected petrochemicals and plastics plants in Europe and the Americas marks another important milestone in this shift.
In the rapidly evolving global plastics and petrochemicals landscape, investment trends and company performances are closely watched by market participants, traders, manufacturers, and suppliers.
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