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Road to Net Zero

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SABIC

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

Sabic is majority owned by the world’s largest oil-exporting company Saudi Aramco. Reuters

Sabic’s board approves $1.8bn in dividends for first half of 2022

MarketsJune 19, 2022

Sabic's revenue in the first quarter rose 40 per cent to 53 billion Saudi riyals. AFP

Sabic's first-quarter profit surges 33% on higher revenue

EnergyMay 12, 2022

Sabic is the Middle East’s biggest petrochemicals company. Reuters

Sabic shareholders approve $1.8bn dividend for second half of 2021

EconomyApril 11, 2022

Sabic's net profit for the three months to the end of December rose to 4.93 billion Saudi riyals ($1.31bn), compared to 2.25bn riyals in the same period a year ago.

Sabic fourth-quarter net profit more than doubles on higher selling prices

EnergyFebruary 03, 2022

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