If you are reading this article on your mobile phone, there is a good chance its casing is made from a material manufactured by SABIC, as is your computer screen. Perhaps your hand is resting on a mouse, which historically was made from virgin plastic, but thanks to us, is now manufactured from ocean-bound plastic. […]
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SABIC’s Q1 earnings surge to $11 million despite market volatility
Saudi Basic Industries Corp (SABIC) has reported solid performance for the first quarter despite current market uncertainties, with its revenue surging to hit $10.6 billion. During the first quarter, SABIC announced several strategic agreements and developments that helped in continuing the company’s progression towards being the preferred world leader in chemicals. Last month, SABIC Agri-Nutrients […]
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Saudi Aramco, Sabic ship low-carbon Ammonia to Japan
The ammonia is categorised as low-carbon because CO2 from the associated manufacturing process was captured and utilised in downstream applications
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‘Another milestone’: Saudi Arabia ships low-carbon ammonia to Japan
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 global supply network for this lower-carbon fuel. Olivier Thorel, Aramco SVP of Chemicals, said: “This is another milestone that highlights the […]
Posted inPeople
SABIC appoints Al-Fageeh as CEO and executive board member
Saudi Basic Industries Corp, also known as SABIC, confirmed today the appointment of Abdulrahman Al-Fageeh as CEO and executive member of the board. Al-Fageeh has served as acting CEO of SABIC since September 28, 2022, succeeding HE Yousef Al-Benyan who was appointed Minister of Education for the Kingdom of Saudi Arabia by Royal Decree. “Abdulrahman […]
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Empowering women remains ‘key element’ in SABIC strategy
Saudi Basic Industries Corporation, known as SABIC, emphasized renewed focus on empowering women and ensuring equal career opportunities for all, as part of the company’s growth strategy and ambition to be the preferred employer globally. SABIC’s initiatives include SHE, the company’s women’s network, where participants exchange ideas and experiences, identifying opportunities in line with the […]
Posted inDownstream
SABIC executives on striving for a sustainable future in petrochem
SABIC hosted the 2022 edition of the GPCA Forum in Riyadh, Saudi Arabia, under the theme of ‘Chemistry in Action, Shaping a Sustainable Future’, to showcase its efforts to become a global leader in the circular economy
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SABIC, OQ to launch major project in Oman
Saudi Arabia’s SABIC, Oman’s state energy company OQ and Kuwait Petroleum International have signed an agreement to develop a petrochemicals complex in the Duqm economic zone, state news agency ONA reported on Wednesday. The complex will consist of a steam cracker and derivative units, and a natural gas liquid (NGL) extraction facility. The special economic […]
Posted inDownstream
Aramco, SABIC eye multibillion megaprojects with China’s Sinopec
Aramco seeks to expand its liquids-to-chemicals capacity to up to 4 million barrels per day by 2030
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Aramco, SABIC eye major crude-to-chemicals project in Saudi Arabia
With a capacity of 400,000 barrels of crude per day, the project will be established in Ras Al-Khair
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