26.05.2010
- The chief financial officer of chemical maker Saudi Basic Industries Corp (SABIC) on Tuesday said the firm was "not desperate" to issue a bond, as jittery investors continue their...
25.05.2010
- An oil price of $65 per barrel is still reasonable for all producers, but a price below that level will be a "disadvantage," the chief executive of Saudi Basic Industries...
12.05.2010
- Sabic and Sinopec Corp's joint venture petrochemical complex has begun commercial operations, the Saudi firm said on Tuesday. The complex, which is 50% owned by Sabic, has a total...
19.04.2010
- Saudi Basic Industries Corp (SABIC) beat analysts' forecasts with a 5.43 billion riyals ($1.45 billion) net profit in the first quarter after improvements in both prices and demand...
08.04.2010
- Celanese Corporation and Saudi Basic Industries Corporation (SABIC) announced their National Methanol (Ibn Sina) joint venture will construct a 50,000 ton polyacetal (POM)...
06.04.2010
- Saudi Basic Industries (Sabic) said it started on April 1 commercial production at a 2.8 million ton expansion of a petrochemical joint-venture with Japanese partners including...
15.03.2010
- British chemicals group Ineos is in talks with "several parties" regarding a deal which could see it bring a new investor on board or sell assets, says chief executive Tom Crotty...
09.03.2010
- LyondellBasell filed a restructuring plan on Monday, rejecting a takeover bid from India's Reliance Industries that valued the bankrupt petrochemicals firm at $14.5 billion. As...
