SABIC

Gone are the days when the corporate world was solely associated with making money. The concept of giving back to the host community, known as corporate social responsibility, is rapidly gaining traction in the business sector. Today,…
Read More...

Saudi Basic Industries Corp. has achieved 3.7 percent brand value growth, reaching $4.89 billion in 2024, securing second place in the chemicals industry ranking for the second consecutive year. SABIC credited its success to working…
Read More...

Saudi Basic Industries Corp. has given its go-ahead for a $6.4 billion investment to build a petrochemical complex in Fujian, solidifying its partnership with China. To be developed in collaboration with Fujian Fuhua Gulei Petrochemical…
Read More...

The Saudi Export and Import Bank has signed an agreement to insure Saudi Basic Industries Corporation’s sales on a letter of credit basis across 40 countries against non-payment risks posed by the issuing banks, the bank said in a statement…
Read More...

The Public Investment Fund on Sunday announced the signing of a share purchase agreement to acquire a 100 percent shareholding in the Saudi Iron & Steel Co., also known as Hadeed, from the Saudi Basic Industries Corp. Based on a…
Read More...

The Kingdom’s ambassador to Tunisia, Dr. Abdulaziz bin Ali Al-Saqr, recently visited the headquarters of Saudi Arabia’s Basic Industries Corp. in Tunisia, the Saudi Press Agency reported on Saturday. The ambassador met with the general…
Read More...

A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. This initiative is part of broader efforts by Aramco and Saudi Basic Industries Corp. Agri-Nutrients to establish a…
Read More...

SABIC started trial startup at United Ethylene Glycol Plant (3), announced back in December 2017, according to a bourse filing. The estimated annual production capacity is 700,000 metric tons of monoethylene glycol (MEG), the company…
Read More...

Saudi Arabia’s Crown Prince Mohammed bin Salman said the Kingdom is aiming to achieve net carbon neutrality by 2060, during a speech to the Saudi Green Initiative forum in Riyadh on Saturday. The Crown Prince said Saudi Arabia aims to…
Read More...

Saudi Arabia’s Minister of Energy believes the Kingdom might reach its net carbon zero target ahead of the 2060 mark unveiled by the Crown Prince Mohammed bin Salman during the Saudi Green Initiative Forum in Riyadh. Speaking at the same…
Read More...