Sabic (Riyadh / Saudi Arabia; www.sabic.com) has introduced a blow moulding grade of HDPE developed for the production of bottles for milk, other dairy products and juices. The company said the ...
In addition to the changeover of the 250,000 t/y facility in Gelsenkirchen, Sabic also intends to convert one of its HDPE plants in Saudi-Arabia – either in Yanbu or Al Jubail. No details were given, ...
Company is also on the lookout for investment opportunities Chemicals sector has faced growing pressure on margins SABIC swings to full-year profit RIYADH, Feb 26 (Reuters) - Saudi chemicals giant ...
SABIC AN profit dips 9% to SAR 3.32B in 2024; Q4 at SAR 954.3M 12 M 2024 SABIC AN profit drops 11% to SAR 2.37B in 9M 2024; Q3 at SAR 827M 9 M 2024 SABIC AN profit falls 5% to SAR 1.54B in H1 2024; Q2 ...
Saudi chemicals giant SABIC plans to cut costs and find new investment opportunities, it said on Wednesday after reporting worse than expected fourth-quarter results against a sectoral backdrop ...
Abdulrahman Al-Fageeh, CEO and Executive Board Member of Saudi Basic Industries Corp. (SABIC), said the easing of monetary policies is aiding the recovery of the petrochemicals sector. However, ...
Economic analysts expect Saudi Basic Industries Corporation (SABIC) to achieve a net profit of approximately $258 million in the fourth quarter of 2024, bringing its total annual earnings to around $1 ...
“Overcapacity continues to be a challenge, especially for polymers,” Sabic Chief Executive Officer Abdulrahman Al-Fageeh said in a statement. “Ethylene demand growth remains slower than capacity ...
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