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SABIC

Latest news about the Saudi petrochemicals company

Sabic's headquarters in Riyadh. The company plans to distribute 4.5 billion riyals as interim dividends for the second half of 2025. Reuters

Sabic posts $6.9bn net loss as divestments weigh

EnergyMarch 04, 2026
Sabic, one of the largest listed companies in the Middle East, is majority owned by Saudi Aramco and trades on the Tadawul stock exchange. Reuters

Sabic agrees $950m sale of European and Americas units

EnergyJanuary 08, 2026
The headquarters of Sabic, the world’s fourth largest petrochemicals producer, in Riyadh. AFP

Saudi chemical producer Sabic breaks quarterly loss streak with third-quarter profit

EnergyNovember 02, 2025
The headquarters of Saudi Basic Industries Corporation in Riyadh. Reuters

Saudi chemical maker Sabic reports third straight quarterly loss

MarketsAugust 03, 2025
Sabic's headquarters in Jubail. Saudi Arabia aims to expand its trade and investment ties with China. Reuters

Sabic approves $6.4bn investment for China petrochemicals complex

MarketsJanuary 22, 2024
Sabic's revenue in the third quarter fell by nearly 17 per cent annually to about 36 billion riyals. euters

Sabic swings to third-quarter loss on lower revenue

EnergyNovember 02, 2023
Sabic's net profit after zakat and tax in the three months to the end of June fell to 1.18 billion Saudi riyals. Reuters

Sabic’s second-quarter profit falls on slump in demand and prices

EnergyAugust 03, 2023
Sabic posted a net profit of 660 million Saudi riyals in the first quarter of this year. Reuters

Sabic’s first-quarter profit slides on lower sales prices

EnergyMay 04, 2023
Saudi Arabia is in the middle of a major economic diversification drive under its Vision 2030 agenda. Reuters

Moody's affirms ratings of six Saudi companies and raises their outlook

EconomyMarch 23, 2023
Sabic's headquarters in Riyadh. The petrochemicals company is set to play a key role in the kingdom’s plan to reduce its reliance on oil exports. Reuters

Sabic confirms Abdulrahman Al Fageeh as chief executive

EnergyMarch 22, 2023
Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia. Aramco and Sinopec sign an initial agreement to set up a refinery in China. Reuters

Saudi Aramco and Sinopec sign initial agreement to set up refinery in China

EnergyDecember 18, 2022
Sabic is the Middle East’s biggest petrochemicals company. Reuters

Sabic shareholders approve $1.6bn dividend for second half of 2022

MarketsDecember 13, 2022
Saudi Arabia's Sabic is also planning to set up a plant to convert crude oil into petrochemicals in the kingdom. AFP

Sabic, Saudi Aramco and Poland’s PKN Orlen sign pact to explore joint investment

EnergyDecember 02, 2022
Top crude exporter Saudi Aramco owns a 70 per cent stake in Sabic. Reuters

Sabic plans project to convert crude oil into petrochemicals

EnergyNovember 24, 2022
Sabic SK Nexlene Company's plant in Ulsan, South Korea. The expanded section is set to become operational in the second quarter of 2024. Photo: Sabic

Sabic’s joint venture in South Korea plans capacity expansion

BusinessAugust 26, 2022
Aramco has recently announced its target to produce up to 11 million tonnes per annum of blue ammonia by 2030. Reuters

Aramco and Sabic Agri-Nutrients certified for blue hydrogen and ammonia production

EnergyAugust 04, 2022
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