Saturday 6 February 2016
 
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Sabic 'can cope with more petchem competition'

Saudi Basic Industries Corp (Sabic) can adapt to any new petrochemicals supply entering the market from outside the kingdom, its acting chief executive said on Monday, as Iran's release from sanctions promises increased global oil supply.

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Sabic 'can cope with more petchem competition'

Saudi Basic Industries Corp (Sabic) can adapt to any new petrochemicals supply entering the market from outside the kingdom, its acting chief executive said on Monday, as Iran's release from sanctions promises increased global oil supply.

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Sabic Q4 net profit slumps 29pc

Saudi Basic Industries Corporation (Sabic), one of the world's largest petrochemicals groups, reported a 29.4 percent drop in fourth-quarter net profit on Sunday. Sabic made a net profit of SR3.08 billion ($821 million) in the

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Sabic Q4 net profit slumps 29pc

Saudi Basic Industries Corporation (Sabic), one of the world's largest petrochemicals groups, reported a 29.4 percent drop in fourth-quarter net profit on Sunday. Sabic made a net profit of SR3.08 billion ($821 million) in the

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Safco, Yansab see production costs rising

Saudi Arabia Fertilizers Company (Safco) said on Wednesday that changes to energy prices announced in the Saudi government's 2016 budget would increase its production costs by 8 percent next year. The company, a unit of Saudi

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Safco, Yansab see production costs rising

Saudi Arabia Fertilizers Company (Safco) said on Wednesday that changes to energy prices announced in the Saudi government's 2016 budget would increase its production costs by 8 percent next year. The company, a unit of Saudi

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Sabic costs to increase 5pc after energy price hike

Saudi Basic Industries Corp (Sabic) said on Wednesday that changes to energy and gas feedstock prices announced by the government earlier this week would increase its total annual costs before minority interests by around 5 percent next year.

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Sabic costs to increase 5pc after energy price hike

Saudi Basic Industries Corp (Sabic) said on Wednesday that changes to energy and gas feedstock prices announced by the government earlier this week would increase its total annual costs before minority interests by around 5 percent next year.

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Saudi stock index falls 3pc; Sabic down 8pc

Saudi Arabia's stock market fell sharply in early trade on Tuesday after a 2016 state budget, announced late on Monday, that included spending cuts, rises in fuel, gas feedstock and electricity prices, and tax rises. The index

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Sabic demo home wins top green certification

A high-performance demonstration home built by Saudi Arabia’s Saudi Basic Industries Corporation (Sabic) has earned Platinum certification from the US Green Building Council’s Leadership in Energy and Environmental Design (Leed) rati

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