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Saudi Kayan restarts glycol plantSaudi Kayan Petrochemical Co (Saudi Kayan) has brought its ethylene oxide/ethylene glycol plant back into operation after scheduled maintenance and will soon restart other shuttered plants, it said on Saturday. The unit of Saudi B More… |
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Sabic Q1 net profit plunges 10pcSaudi Basic Industries Corporation (Sabic), the world's biggest petrochemicals group, posted a 10 per cent year-on-year fall in its first-quarter net profit on Saturday, in line with analysts' forecasts. &n More… |
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Sabic approves $3.9bn cash dividendsGlobal petrocemical giant Saudi Basic Industries Corporation (Sabic) said it will distribute dividends worth SR15 billion ($3.9 billion) to shareholders at SR5 per share for the group's operations in 2012. The announcement was More… |
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Sabic eyes further growth in AsiaSaudi Basic Industries Corporation (Sabic), ranked among the top petrochemical companies in the world, seeks to expand collaboration with the business sector in Singapore, and continue to be a reliable source of quality products and services to More… |
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Ma'aden signs $7bn phosphate plant dealThe Saudi Arabian Mining Company (Ma’aden) has signed an agreement with Sabic and the US-based Mosaic Company to develop a SR26 billion ($7 billion) fully integrated, world-class phosphate production facility in Saudi Ara More… |
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Saudi soars on petchem stocksSaudi stocks closed higher on Saturday with all-share index rising 0.37 per cent to hit 7051.18 points boosted by gains from the petrochemicals stocks. Al Rajhi Bank dropped 1.15 per cent. Saudi Basic Industries Corp (SABIC) was u More… |
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Sabic products 'to revolutionise pipelines industry'The Saudi Basic Industries Corporation (Sabic) said it has begun manufacturing thermoplastic grades at its affiliates in Jubail and Yanbu and in Gelsenkirchen, Germany, which could revolutionize the domestic pipelines sector with environmentally More… |
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Sabic halts Trinidad project planSaudi Basic Industries Corp. (Sabic) is halting plans to develop a $5.3 billion methanol complex in the Caribbean nation of Trinidad and Tobago, a report said. Sabic decided not to continue with More… |
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Sabic backs GPCA environmental driveThe Saudi Basic Industries Corporation (Sabic) will participate in the upcoming “Clean up the Gulf Day”, an initiative of the Gulf Petrochemical and Chemical Association (GPCA). The “Clean up the Gulf Day” More… |
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Strike hits Sabic's Europe plant outputA strike by workers at the Sabic Europe Chemicals Geleen plant in the Netherlands has lowered production, the company's Saudi Arabian owner said on Saturday, without specifying by how much. Saudi Basic Industries Corp (Sabic) More… |
