News

Saudi chemicals company SABIC reported another surprise quarterly loss on Sunday, after deciding to shut a cracker in Britain ...
Saudi Arabia’s biggest chemical company posted a third consecutive quarterly loss, missing estimates by analysts for a profit ...
Saudi Basic Industries Corporation, the Middle East's biggest petrochemicals company, reported a third consecutive quarterly ...
Arabian Gulf Business Insight on MSN5d
Sabic to pay over $1bn dividend despite losses
Saudi Basic Industries Corporation (Sabic), the state petrochemical giant which is 70 percent owned by Saudi Aramco, will pay a dividend of SAR4.5 billion ($1.2 billion) despite swinging to a loss in ...
The Trump administration will let two chemical plants in Indiana bypass recent air pollution rules for two years. One of ...
Stocks in the Gulf dropped Sunday as investors responded to poor earnings and fresh economic pressure from the United States, ...
South Korean company Hetbahn updates its rice bowl packaging with 25% bio-based PP, offering a drop-in solution that supports ...
Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical companies, said on Tuesday its fourth-quarter net profit slumped 94% on lower average sales prices. The company posted ...
SABIC said synergies from Saudi Aramco's stake purchase as of March 2022 stood at 2.09 billion riyals, including 334 million riyals in 2022. ($1 = 3.7510 riyals) ...
SABIC's Manager of Sustainability Strategy for the Americas Region Brad Sparks says the company works dilligently to reduce its global carbon footprint and build a new climate change strategy that ...
The Trump administration granted two Indiana chemical and sterilization plants an extension to comply with EPA pollution regulations.
Saudi Arabia’s national oil company has agreed to buy a majority stake in the kingdom’s petrochemicals firm for $69.1 billion, giving Crown Prince Mohammed bin Salman’s agenda a giant jolt ...