Keyword: SABIC

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Saudi Industrial, Petrochem Postpone Merger Plans

01.06.2011 - Saudi Industrial Investment Group (SIIG) and its unit National Petrochemical (Petrochem) have delayed a planned merger until at least the end of 2011 when a joint venture starts...

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SABIC Says Plans $1 Billion China Plant With Sinopec

18.05.2011 - Saudi Basic Industries Corp (SABIC), the world's largest chemicals producer by market value, said on Tuesday that it is planning a $1 billion-plus facility in China with China...

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Clariant Offer For Remaining Süd Chemie Shares

18.05.2011 - Swiss speciality chemicals maker Clariant said on Tuesday it had made a mandatory public offer for the 3.85% of Süd-Chemie shares it does not own. Clariant, which beat rivals to...

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Exxon, SABIC Sign Deals For Joint Rubber Plant

16.05.2011 - Saudi Basic Industries Corp (SABIC) and Exxon Mobil Chemical signed engineering and licensing deals for their joint synthetic rubber project in Saudi Arabia, SABIC said on Sunday...

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SABIC In Chemicals JV With Japan's Asahi, Mitsubishi

28.04.2011 - Saudi Basic Industries, the world's largest chemicals producer by market value, said it will launch a joint venture firm with Japan's Asahi Kasei Chemicals and Mitsubishi. The new...

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Saudi Basic Industries JV Selects Samsung

12.04.2011 - Saudi Basic Industries Corp (SABIC) said on Monday its joint venture with Albemarle had selected Samsung Engineering to provide engineering, procurement and construction services...

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BASF Bags €900 Million In K+S Stake Sale

14.03.2011 - BASF booked a €900 million ($1.2 billion) pre-tax gain from the sale of its stake in German potash miner K+S, putting weight behind its plan to exit the nitrogen fertilizer...

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Saudi Gains Boost Markets

09.03.2011 - Most Gulf bourses advanced on Tuesday, tracking gains on the Saudi market, as confirmation that state-linked funds had been buying local shares boosted fragile investor sentiment...