PIF buys Saudi steel firm as it looks to boost industrial sector in the Kingdom
Saudi Basic Industries Corp.
Latest in Saudi Basic Industries Corp.
circular economy
Saudi SABIC wins prestigious award for its ocean bound plastic work
The 2023 Circularity Award from American Chemistry Council is for implementing effective solutions using recovered and recycled OBP
SABIC
Data is our new feedstock: The future of chemical manufacturing
SABIC’s digitalization has made major advancements in safeguarding the health of manufacturing assets
Greenhouse gases
Saudi Aramco pledges to reach net-zero emissions by 2050
Saudi Basic Industries Corp., Aramco’s chemicals subsidiary, has said it would explore ways to be carbon neutral by 2050
BASF SE
Saudi’s Sabic sees profit surge amid global chemical boom
Riyadh-based company made net income of $2bn, the highest quarterly figure in almost a decade and up around 60% from the first three months of the year
chemical manufacturing
Chemicals maker Sabic’s profit surges as global economy reopens
Net income was 4.86 billion riyals ($1.3 billion) compared with a loss of 1.05 billion a year ago, and more than double the level of the previous three-month period
Coronavirus Pandemic
Video: Sabic CEO on G-20 recommendations, global economy, coronavirus
Yousef Al-Benyan, vice chairman and chief executive officer at Saudi Basic Industries Corp. AB and chairman at B20, discusses the global economy, his recommendations to the G-20 and the impact of coronavirus on the economy.