first_imgFacebookTwitterCopy LinkEmailShare A Saudi Arabian company has reached a deal to buy a 70 percent stake in petrochemical company SABIC which operates right here in the Tri-State.Saudi Aramco is the world’s largest oil producer but they’re shifting their focus to petrochemicals as demand for gas and other fuels slows down.The $69.1 billion dollar deal still has to be approved. Sabic operates in 50 countries and has about 35,000 employees including some right here in the Tri-State.The deal is not expected to have any impact on SABIC employees in Mt. Vernon.Comments0 commentscenter_img MARCH 28TH, 2019 TYRONE MORRIS INDIANAlast_img