Page 3 - Saudi Basic Industries News Today

/PRNewswire/ -- The "Engineering Plastics Global Market Report 2024" has been added to ResearchAndMarkets.coms offering. The engineering plastics market size...

(Bloomberg) -- Saudi Arabia’s top chemicals maker warned of “considerable uncertainty” for the industry after reporting a surprise full-year loss.Most Read from BloombergA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniStock Rally Stalls at Start of Data-Packed Week: Markets WrapShein Considers London IPO After US Resistance to ListingSaudi Basic Industries Corp., also known as Sabic, posted ...

Work began this week on a $6.3bn petrochemical plant in Zhangzhou, Fujian province, China. When complete in 2026, the factory is expected to produce 1.8 million tonnes of ethylene a year.

(Bloomberg) -- Deal activity in Saudi Arabia is set to accelerate this year as the kingdom’s sovereign wealth fund looks to raise money for its ambitious projects, according to a top banker at the securities arm of the country’s biggest lender.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InRecord US...

Sabic will partner with Fujian Fuhua Gulei Petrochemical on the project, which will be called the Sabic Fujian Petrochemical Complex.

The complex, to be built in Fujians Gulei Industrial Park, will consist of a mixed feed steam cracker, with an expected annual ethylene capacity of up to ...

Saudi Arabia’s Public Investment Fund (PIF) seems quite interested in tangible asset investment lately as some may recall the recent acquisition of Saudi Basic Industries Corp.’s metals business, Saudi Iron & Steel Company, for US$ 3.3 billion. Now PIF wants a piece of the action in industrial paper products. PIF is investing in the Middle…

The plaintiff in a civil suit against General Electric Co. and other companies has filed a motion to return the case to Berkshire Superior Court, where it was first filed

Australias Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A$80 billion global oil and gas giant, as consolidation among international energy...

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