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SABIC Profits Jump 482% in H1 2021 aawsat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aawsat.com Daily Mail and Mail on Sunday newspapers.
SABIC second-quarter profit jumps 57 percent as prices, volume increase arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Sabic reports key sustainability achievements in 2020 RIYADH, April 28, 2021 Sabic has secured important reductions relating to sustainability during 2020 in flaring emissions (56%), material loss intensity (46.3%), green-house gas intensity (15.5%) and energy intensity (10.5%) compared to 2010 baselines. Sabic also contributed over $33.4 million in monetary and in-kind donations to support the Covid-19 response, delivered across 212 activities and reaching more than 35 million people in five continents, the company said in its 2020 Sustainability Report Now in its 10th year and entitled ‘Thriving Responsibly’, the report outlines how the company’s actions are advancing the circular economy; addressing climate change; and embedding environmental, social and governance (ESG) principles into every aspect of the business. ....
Sabic Secures Major Sustainability Achievements In 2020 albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Growing demand for petrochemical products amid continued recovery in the global economy resulted in higher prices and margins for most of our products”, he added. Sabic’s products gained from a nearly 39 per cent quarterly rise in oil prices in the first quarter of 2021. Japanese and European naphtha prices rose by more than 37 per cent in the first quarter. Prices for other products such as Japanese propane and butane also increased by more than 20 per cent in the first quarter, compared with the previous three months. A rise in feedstock prices increased the cost of sales by 7 per cent to 26.36bn riyals in the first quarter of 2021. ....