Sabic, as part of its 2025 strategy, will seek to enable new downstream industries to flourish with the introduction of new innovative products, and world class innovation support, said the global petrochemical company's CEO.
Saudi Basic Industries Corp (Sabic) reported a dip in its quarterly earnings on Sunday as its chief executive said a shortage of natural gas was limiting its domestic growth, making expansion abroad vital.
Sabic, the biggest liste
Profit at Saudi Basic Industries Corp (Sabic), one of the world's biggest petrochemical firms, slipped 1.8 percent in the first quarter of this year as lower product prices offset rises in production and sales volumes.
Mohamed Al-Mady, Sabic vice chairman and CEO, has reaffirmed Sabic’s commitment to Asia and China’s inclusive growth by increasing its investments in the region and supporting sustainable development.
Al-Mady was deliv
Saudi Basic Industries Corp showcased its wide range of steel products for the building and construction sector at the Metal & Steel Saudi Arabia 2014 exhibition held recently in Riyadh.
The company's p
Saudi Arabia's Yanbu National Petrochemical Co (Yansab) missed the average forecast of analysts as it posted a 16.7 percent decline in first-quarter net profit on Monday, citing lower prices for some of its products.
Saudi Basic Industries Corp (Sabic) has approved its board’s recommendation to distribute SR9 billion ($2.3 billion) in cash dividends at SR3 per share for the second half of last year.
Saudi Arabia Fertilizers Company reported a 9.6 percent drop in first-quarter net profit on Sunday, as prices for its products fell, but the earnings still beat analyst estimates.
The company, a unit of Saudi Basic Industries Corp
Saudi Iron and Steel Co (Hadeed), the metals affiliate of Saudi Basic Industries Corp (Sabic), plans to add 4 million tonnes of annual steel output capacity to reach 10 million tonnes by 2025, an executive said.
Saudi Basic Industries Corporation (Sabic) has received the 2014 GCC-CSR Award for being the best performing Corporate Social Responsibility company in the Gulf region.
The award reflects the company’s long experience in com