Can Aramco’s stake in Reliance open up new strategies for India’s MEG market?
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Aramco is demonstrating discipline in targeting strongly competitive assets that are well placed, through petrochemical integration, to be sustainable through the energy transition.
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Alan Gelder, quoted in Chemical and Engineering News
What’s inside this report?
Saudi Aramco’s move to acquire a 20% stake in Reliance Industries’ refining and petrochemical business is just another step as it expands and diversifies its refining and petrochemical capacity in Asia.
Read our report for a deep-dive analysis of how the acquisition will affect the monoethylene glycol (MEG) market in India and globally.
We cover:
- Supply and demand fundamentals for MEG
- Our forecasts for MEG prices and margins in the next few years
- The producer landscape: who’s at the top and bottom end of the MEG cost curve? And how does Saudi Aramco's acquistion change this?
Report summary
Tables and Charts included in the report
1. MEG capacity versus demand
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