Dow Weighs Sale of Stake in $20B Sadara Venture
Dow is reportedly weighing an exit from its $20 billion Sadara Chemical Co. venture with Saudi Aramco, with Aramco or other investors potentially interested in buying Dow’s roughly 35% stake, though no decision has been made. The move comes as Dow restructures its portfolio amid a downturn in the chemicals industry, and the news pushed Dow shares higher in premarket trading while Sadara remains a cornerstone of the Saudi petrochemical complex.
Business · 9 sources · Sep 10, 2026Read it
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About Saudi Aramco
Saudi Aramco, officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company, and the national oil company of Saudi Arabia. As of 2024, it is the fourth-largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's largest proven crude oil reserves, at more than 270 billion barrels, and largest daily oil production of all oil-producing companies.
Everything about Saudi Aramco →- Country
- Saudi Arabia
- Headquarters
- Dhahran
- Inception
- 1988, November 13, 1988, 1933, 1932
- Website
- https://www.aramco.com//