Technip Energies, Saudi Arabia's Sabic Sign Exclusive Licensing Collaboration Deal

01:59 AM EDT, 09/21/2026 (MT Newswires) -- Technip Energies (TE.PA) entered into a licensing collaboration deal with petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic. Under the agreement, the French technology and engineering company will serve as the worldwide licensor for Sabic's low-density polyethylene clean tubular reactor technology, according to a Monday release.