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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.

China
Riyadh
Ar-riya
Saudi-arabia
Netherlands
Chinese
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Abdulrahman-al-fageeh
Al-fageeh
Tradearabia-news-service
Sabic
Edison-awards

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.

China
Houston
Texas
United-states
Jay-ibrahim
Sabic-fujian
Tradearabia-news-service
Sustainable-technology-solutions
Sabic-fujian-petrochemicals
Fujian-petrochemical
Tradearabia
Rade-arabia

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 .

Netherlands
China
Saudi-arabia
Chinese
Saudi
Sabic-fujian
Abdulrahman-al-fageeh
Sabic
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Saudi-basic-industries
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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.

Riyadh
Ar-riya
Saudi-arabia
Netherlands
China
Chinese
Sabic-fujian
Abdulrahman-al-fageeh
Al-fageeh
Tradearabia-news-service
Sabic
Edison-awards

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

Sabic, a global leader in diversified chemicals headquartered in

Riyadh
Ar-riya
Saudi-arabia
Netherlands
China
Chinese
Al-fageeh
Abdulrahman-al-fageeh
Sabic-fujian
Sabic
Tradearabia-news-service
Edison-awards

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