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Aramco and SABIC announce plans to realign marketing and sales , commercial and supply chain activities
Aramco and SABIC have announced their intention to transfer the marketing and sales responsibility for a number of Aramco petrochemicals and polymers products to SABIC , and the offtake and resale responsibility of a number of SABIC products to Aramco Trading Company ( ATC ).
The effect of these changes , planned to be implemented on a phased basis during 2021 , subject to the necessary consents being obtained , will focus SABIC on petrochemicals products and ATC on fuel products . services offering and help to maintain competitiveness . Customers will benefit from improved product range and availability , ordering and points of sale , supply chain , shipping reliability and aftermarket services and solutions .
Ibrahim Al-Buainain , Aramco Trading Company President and CEO , said : “ The transfers reflect our shared commitment to capitalise on the complementary nature of Aramco and SABIC ’ s respective product portfolios as we strive to create added value for our customers and shareholders .”
This is a significant step in aligning the Aramco and SABIC strategies , following Aramco ’ s acquisition of a 70 % stake in SABIC in June 2020 .
Aramco and SABIC will continue to review options for further global marketing and sales transfers across product-producing companies within the Aramco group portfolio .
The changes will drive further operational efficiencies , strengthen the brands of both companies and their combined products and
Berkshire Hathaway HomeServices welcomes Berkshire Hathaway HomeServices Atlantic Portugal to global network stability and longevity of work due to our tailor-made services within our brokerage . The clients are my priority and I want to leave an unforgettable memory of the beginning of a great relationship .”
Berkshire Hathaway HomeServices , one of the world ’ s fastest-growing residential real estate brokerage franchise networks , is pleased to announce that Berkshire Hathaway HomeServices Atlantic Portugal has joined its worldwide network . The startup company will add one additional office and eight agents to the global network . The
brokerage will service Cascais , Lisbon , Porto , Comporta , Algarve and all over Portugal .
“ In Berkshire Hathaway HomeServices we have found a network that truly recognises that real estate is more than a transaction , but a relationship ,” said Patrícia Salgueiro , CEO of Berkshire Hathaway HomeServices Atlantic Portugal .
“ The network aligns seamlessly with our values and I am looking forward to continuing the promise of trust , integrity ,
Salgueiro brings years of valuable experience to her role . With a background immersed in the luxury market , she has acquired the necessary skills designed to persevere in a competitive market and create strong relationships all across the globe .
With its brand transition , Berkshire Hathaway HomeServices Atlantic Portugal gains access to Berkshire Hathaway HomeServices ’ active referral and relocation networks , and its ‘ FOREVER Cloud ’ technology suite , a powerful source for lead generation , marketing support , social media , video production / distribution and more . x
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