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Petchem major Sabic shows resilience; swings to Q1 profit

Saudi petrochemical major Sabic has registered a net profit of SAR246 million ($66 million) for Q1 when compared to a SAR1.73 billion ($461 million) loss in Q4 2023, thus reflecting its high resilience in adapting to market conditions and global economy.

Ar riyaSaudi arabiaSabic fujianAbdulrahman al fageehAl fageehTradearabia news serviceEdison awardsTradearabia news

KBR s phenol technology selected by Sabic Fujian Petrochemicals

KBR has been awarded a contract by SABIC Fujian Petrochemicals to license KBR s market-leading phenol technology in China.

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Sabic s Profit Drops 63 Percent for First Quarter

The company said its EBITDA margin improved significantly supported by higher product margins and optimized costs .

Saudi arabiaSabic fujianAbdulrahman al fageehSaudi basic industries corpSaudi basic industriesGulei industrial parkOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps pictures

Petchem major Sabic shows resilience; swings to Q1 profit

Saudi petrochemical major Sabic has registered a net profit of SAR246 million ($66 million) for Q1 when compared to a SAR1.73 billion ($461 million) loss in Q4 2023, thus reflecting its high resilience in adapting to market conditions and global economy.

Ar riyaSaudi arabiaSabic fujianAbdulrahman al fageehAl fageehTradearabia news serviceEdison awardsTradearabia newsRade arabiaIddle east trade newsCc business newsNdustry newsTrade newsUsiness directoryRoject newsRemium content

KSA Business: Sabic shows tremendous resilience; swings to $66m Q1 profit

Sabic, a global leader in diversified chemicals headquartered in

Ar riyaSaudi arabiaAl fageehAbdulrahman al fageehSabic fujianTradearabia news serviceEdison awardsTradearabia newsEastern provinceAl qassimAl bahahAl jowf

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