Petrochemical

Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) isn't just buying a business — it's buying a cash machine with staying power. The conglomerate is reportedly in advanced talks to acquire Occidental Petroleum Corp's (NYSE:OXY) petrochemical unit, OxyChem, for around $10 billion, despite...

Saudi Aramco said in a statement that the oil giant, along with its joint venture partners NORINCO Group and Panjin Xincheng Industrial Group, plans to commence construction of a major integrated refinery and petrochemical complex in northeast China. What Happened: Huajin Aramco Petrochemical...