Keyword: Sharq

News

Saudi SABIC Sees Higher Sales, Profit In 2011, 2012

20.01.2011 - SABIC said it expects higher sales and profitability this year and throughout 2012 as petrochemical prices return to pre-crisis levels and further output capacity is added. The...

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Weak Selling Prices Hold Back SABIC Q2 Profits

19.07.2010 - Weak selling prices are hurting profits at Saudi Basic Industries Corp's (SABIC), second-quarter results from the world's biggest chemicals company by value revealed on Sunday. Net...

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Saudi SABIC Posts Forecast-Beating Q1 Net Profit

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...

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Saudi Sabic-Japan JV Starts Output at Expanded Unit

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...