Search only For this Primary level:
-
SABIC
SAUDI’S SABIC GIVES INITIAL PRICE GUIDANCE FOR DUAL-TRANCHE DOLLAR BONDS
Saudi Arabian Basic Industries Corp started marketing five-year U.S. dollar bonds with initial price guidance of around 140 basis points over U.S. Treasuries and 10-year bonds with a guidance of around 180 bps over that benchmark, a source close to the matter said on Tuesday. ... -
SABIC
SAUDI’S SABIC SIGNS MOU TO BUILD PETROCHEMICAL COMPLEX IN CHINA
Saudi Basic Industries Corp (SABIC) on Tuesday signed a memorandum of understanding (MOU) with China’s Fujian provincial government to build a petrochemical complex. ... -
SABIC
SAUDI SABIC, US FIRM PARTNER TO DEVELOP BREAKTHROUGH PRODUCTS
Saudi Arabia’s Sabic, a global leader in the chemical industry, has partnered with US-based innovation and product design firm Nottingham Spirk to accelerate innovations with speciality materials across multiple industrial verticals. ... -
SABIC
SAUDI PETROCHEMICALS GIANT POSTS 81% GAIN IN QUARTERLY PROFIT
Saudi Basic Industries Corp., the Middle East’s biggest petrochemicals producer, posted an 81 percent increase in second-quarter profit on higher sales prices and volumes. ... -
SABIC
SAUDI ARABIA’S SABIC WORKING ON TIGHTENING CLARIANT TIES: SOURCES
Saudi Basic Industries Corp (SABIC) (2010.SE) is considering increasing its holding in Clariant (CLN.S) and pursuing joint ventures as the Saudi firm looks to strengthen ties with the Swiss chemicals group, sources told Reuters. ... -
SABIC
SAUDI BASIC INDUSTRIES PROFIT RISES 5.4% ON HIGHER PRICES
First-quarter profit at Saudi Basic Industries Corp., the Middle East’s biggest petrochemicals producer, rose on higher prices and sales volumes, in spite of a 1.1 billion Saudi riyal ($290 million) charge for restructuring. ... -
SABIC
SAUDI’S SABIC PROFITS FALL, STEEL BUSINESS HIT BY WRITEDOWNS
Saudi Basic Industries Corp (SABIC), the world’s fourth-biggest petrochemicals company, reported an 18.6 percent drop in fourth-quarter net profit, missing analysts’ forecasts, as sales dropped and its steel business was hit by writedowns. ... -
SABIC
SAUDI’S SABIC BUYS QUARTER OF CLARIANT AS ACTIVISTS CASH IN
SABIC, the world’s number four chemical firm, said it had no current plans to launch a full takeover of Clariant. However, the move stoked uncertainty about Clariant as Saudi Arabia seeks to diversify its economy and reduce its reliance on oil. ... -
SABIC
SAUDI ARABIA’S SABIC LOOKING AT INVESTING IN US
Petrochemicals company Saudi Basic Industries Corp is considering several possible investments in the United States, while state oil giant Saudi Aramco is looking at gas prospects abroad, Saudi energy minister said on Wednesday. ... -
SABIC
SAUDI ARABIA’S SABIC PROFIT FALLS 25%
Saudi Basic Industries Corp. (2010.SA), one of the world's largest petrochemical companies, on Sunday posted a 25% decline in quarterly profit due to higher selling costs and lower sales. ... -
SABIC
SAUDI ARABIA TO OPEN FOR NEW INVESTMENTS: SABIC CEO
Yousef Abdullah Al-Benyan, CEO of SABIC, says the Saudi 2030 plan will open up new investment opportunities for Chinese companies. ... -
SABIC
SHELL EXITS THIRD SAUDI PROJECT AFTER ENDING SABIC VENTURE
Saudi Basic Industries Corp. agreed to buy out Royal Dutch Shell Plc’s 50 percent stake in a petrochemical joint venture for $820 million, marking the third project with Saudi Arabia’s largest companies that the Anglo-Dutch company has exited since 2014. ... -
SABIC
SAUDI’S SABIC SELLS POLYMERSHAPES UNIT TO U.S. FIRM
Saudi Basic Industries Corp (SABIC) 2010.SE has agreed to sell its Polymershapes unit to U.S. investment firm Blackfriars Corp, SABIC said without giving a value for the deal. ... -
SABIC
SAUDI’S SABIC AGREES PETROCHEMICALS PROJECT WITH CHINA’S SHENHUA
SABIC said in a statement the joint project would be a "greenfield petrochemical complex" located in the Ningxia Hui Region of China and would help the Saudi company diversify its feedstock sources. ... -
SABIC
SAUDI’S SABIC COUNTS ON COST CUTTING TO COMBAT VOLATILE COMMODITY PRICES
Saudi Basic Industries Corp. is counting on lower costs to help combat slack demand and volatile commodity prices after the state-controlled group, one of the world’s largest petrochemical companies, reported a sharp fall in quarterly profit. ... -
SABIC
SAUDI ARABIA’S SABIC PLANS MORE THAN THREE VENTURES IN CHINA
Saudi Basic Industries Corp., the world’s second-biggest chemicals manufacturer, plans more than three joint venture projects in China, according to acting Chief Executive Officer Yousef Al Benyan. ... -
SABIC
SAUDI’S SABIC TO REORGANISE INNOVATIVE PLASTICS UNIT EFFECTIVE JAN. 1
Saudi Basic Industries Corp (SABIC) will reorganise its Innovative Plastics unit effective Jan. 1, the company, one of the world's biggest petrochemicals firms, said on Thursday. ... -
SABIC
SAUDI ARABIA’S SABIC CONSIDERING SHALE GAS INVESTMENTS IN U.S.
Saudi Basic Industries Corp., the world’s second-biggest chemicals manufacturer, plans to expand investment in U.S. shale gas projects through joint ventures, according to acting Chief Executive Officer Yousef al Benyan. ... -
SABIC
SAUDI BASIC INDUSTRIES MAKING MORE STEEL AS LOW OIL HELPS GROWTH
Saudi Basic Industries Corp., the world’s second-biggest petrochemicals manufacturer by market capitalization, expects to boost steel production with lower oil prices stimulating demand. ... -
SABIC
SAUDI BASIC INDUSTRIES REPORTS 29% IN PROFIT ON OIL DROP
Net income dropped to 4.36 billion riyals ($1.16 billion) from 6.16 billion riyals a year earlier, the Riyadh-based company said in a statement today. Sales slipped 10 percent to 43.4 billion riyals. Sabic gained 0.8 percent in Riyadh trading. ...