Keyword: SABIC

News

SABIC in Feedstock Recycling Plan

14.01.2019 - To underscore its commitment to the EU’s drive to create a circular economy, Saudi Arabian chemical giant SABIC at the end of 2018 signed a memorandum of understanding (MoU) with...

News

SABIC Increases Stake in Ar-Razi

10.12.2018 - SABIC has agreed to increase its stake in the Ar-Razi methanol joint venture with Japan Saudi Arabia Methanol Company (JSMC) and extend the partnership for another 20 years. Under...

Markets & Companies

One Belt, One Road

29.11.2018 - The Belt and Road Initiative (BRI), also called the One Belt, One Road policy (OBOR), is an initiative launched by the Chinese government in 2013. The core idea is to improve...

News

Saudi Aramco Mulls Financing for SABIC Stake

27.11.2018 - Saudi Aramco has abandoned the idea of a major bond issue to finance its acquisition of the Saudi government’s 70% stake in compatriot petrochemicals and plastics producer SABIC...

News

SABIC Consolidates Fertilizer Assets

13.11.2018 - SABIC is consolidating all its equity shares and assets in companies producing fertilizers into one new company called SABIC Agri-nutrient Investments. The Saudi giant currently...

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SABIC Signs MoUs for Jubail Plants

06.11.2018 - SABIC has signed two memoranda of understanding (MoU) with Germany’s Schmid and Saudi organization Riwaq Industrial Development to establish two silicon plants in Jubail Industrial...

News

Clariant Takes SABIC’s Occhiello as CEO

23.09.2018 - Clariant has named SABIC’s specialties executive vice president Ernesto Occhiello as CEO following the Saudi giant’s acquisition of a 24.99% stake in the Swiss company. The deal...

News

SABIC and Clariant to Create Performance Platform

19.09.2018 - Outlining further plans for cooperation between SABIC and Clariant after the Saudi petchems giant completes its acquisition of a nearly 25% stake in the Swiss specialty chemicals...