Aarti Industries: In for the Long Haul
In 2017, several Indian and Chinese companies were competing to supply a polymer intermediate to Saudi Basic Industries Corp (SABIC). The deal was a lucrative one that would last for 20 years and require construction of a new plant. After a period of negotiations and site visits, SABIC awarded the contract to Aarti Industries (Aarti). Despite companies in China known for their low costs and...
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