16.01.2019
- Saudi Aramco may tap the bond market for about $10 billion to help fund the acquisition of compatriot petrochemicals producer SABIC, Saudi Energy Minister Khalid Al-Falih told...
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...
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...
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...
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...
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...
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...
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...
