Saudi Basic Industries Corporation (SABIC) has reported a 7% year-on-year decline in revenue for the third quarter of 2025, with total revenue amounting to SAR34.33 billion ($9.15 billion), primarily due to lower average selling prices and sales volumes.
The Saudi Basic Industries Corporation (Sabic) announced the signing of two strategic transactions to divest its European Petrochemicals (EP) business to Aequita and its Engineering Thermoplastics (ETP) business in the Americas and Europe to Mutares, for a total combined enterprise value of $950 million.
