Saturday 25 April 2015
 
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Sabic-Saudi Aramco-PIF venture may eventually go public

A venture between Saudi Basic Industries Corp, state oil giant Saudi Aramco and the government's Public Investment Fund may eventually go public, Sabic's acting chief executive Yousef Abdullah Al Benyan said.  

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Sabic signs deal to use US shale gas at British plant

Saudi Basic Industries Corp (Sabic) has signed a deal to use shale gas from the US at its Teesside petrochemical plant in Britain, acting chief executive Yousef Abdullah Al-Benyan told Reuters on Sunday. "In fact we did sign

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Sabic Q1 revenues down 28pc to $9.48bn

Revenues at Saudi Basic Industries Corp (Sabic) plunged 28 per cent from a year earlier to SR35.56 billion ($9.48 billion), and dropped 18 per cent from the previous quarter, acting chief executive Yousef Abdullah Al-Benyan said on Sunday.

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Sabic Q1 revenues down 28pc to $9.48bn

Revenues at Saudi Basic Industries Corp (Sabic) plunged 28 per cent from a year earlier to SR35.56 billion ($9.48 billion), and dropped 18 per cent from the previous quarter, acting chief executive Yousef Abdullah Al-Benyan said on Sunday.

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Safco Q1 net profit slumps 30pc

Saudi Arabia Fertilizers Company (Safco) said on Tuesday its first-quarter net profit tumbled 30 per cent from a year ago, missing analysts' forecasts due to lower sales and prices of its products. It is the seventh quarter in

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Saudi's Yansab Q1 net profit slumps 48.7pc

Saudi Arabia's Yanbu National Petrochemical Company (Yansab) reported a 48.7 per cent drop in first-quarter net profit on Monday. The firm, a subsidiary of Saudi Basic Industries Corporation (SABIC), made a net profit of 285.1

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Sabic steel products sales total 6m tonnes

Saudi Basic Industries Corporation (Sabic) meets half the local demand for steel products, with sales reaching around 6 million metric tonnes a year, a senior executive said. "Sabic is the first company in the region to offer

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Sabic to expand focus on additive manufacturing

Saudi Basic Industries Corporation (Sabic) is set to expand its application development focus in additive manufacturing technology, according to a report. The move underscores Sabic’s commitment to this evolving technology t

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Saudi's Safco urea plant start-up delayed till May

The start-up of a new urea plant owned by Saudi Arabia Fertilizers Company (Safco) will be delayed to mid-May this year, the company said on Thursday. Safco did not give a reason for the delay of the facility known as Safco 5, but

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Sabic introduces new polymer products

Saudi Basic Industries Corp (Sabic), one of the world's largest petrochemicals groups, has commercially launched a new range of non-phthalate polymer products developed at its technology centre in Riyadh. These latest non-phth

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