News & Achievements
Deals & Cases
January 12, 2026 • 1-minute read
Vinson & Elkins represented J.P. Morgan, as financial advisor to The Saudi Basic Industries Corporation (SABIC) in connection with the proposed sale of its regional Engineering Thermoplastics (ETP) business in the Americas and Europe to MUTARES for an enterprise value of $450 million.
SABIC’s Americas and European ETP business produces polycarbonate (PC), polybutylene terephthalate (PBT), and acrylonitrile butadiene styrene (ABS) resin and compounds, and manages manufacturing sites, including in Mt. Vernon, Ottawa, Bay St. Louis and Burkville, United States; Tampico, Mexico; Campinas, Brazil; Cartagena, Spain; and Bergen op Zoom, the Netherlands.
Vinson & Elkins Partner Sebastian Tiller, head of the firm’s Strategic Mergers & Acquisitions practice, represented J.P. Morgan in the transaction.
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CLE Events
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October 12, 2026 • 1-minute read
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October 9, 2026 • 1-minute read
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