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The Middle East and Africa electric vehicle polymers market is forecast to develop at a CAGR of 29.17% in the years 2019-2028. Turkey, Saudi Arabia, the UAE, South Africa, and Rest of the Middle East & Africa shape the market in this region.
In Turkey, several well-known international automakers are manufacturing and assembling vehicles. Moreover, steady growth has been observed in the electric vehicle adoption and their charging stations, with new electric vehicle charging infrastructure developments. Earlier, the Turkish government announced its massive investment to enhance the production of electric cars. Such favorable conditions assist in the expanding the adoption of electric vehicles, which further offers growth prospects to Turkey s electric vehicle polymers market.
Expanded Polystyrene Market 2021 Highlights Various Opportunities The report includes porter s Five Forces Analysis (potential entrants, industry competitors, suppliers, substitutes, and buyers), SWOT analysis and BPS analysis for every segment that provides crucial information
BriefingWire.com, 2/01/2021 - The Global Expanded Polystyrene Market 2020-2029 Report provides an in-depth analysis on the studied market that helps to look at the future requirement as well as prediction. The expanded polystyrene market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. In addition, it magnifies the opportunity for decision-making and helps create an efficient counter-strategy to achieve a competitive advantage. The report provides up-to-date review of the current global market scenario, the latest developments an
Monday, 1 February, 2021 - 12:00
Saudi Basic Industries Corp (SABIC) headquarters in Riyadh, Saudi Arabia (File photo: Reuters) Riyadh - Asharq Al-Awsat
Saudi Basic Industries Corporation (SABIC) ended a difficult year with a net profit of SR2.2 billion, despite the losses incurred during the first three quarters, which were reflected in the global demand for energy products.
In the first quarter of 2020, the company recorded a loss of SR1.04 billion, which further increased during the second quarter to SR2.2 billion, while the situation improved during the third quarter, recording a net profit of SR1.08 billion.
SABIC’s financial results for Q4 of 2020 showed a 104 percent quarter-on-quarter increase in net profit, with revenues amounting to SR32.85 billion and a net profit of SR2.22 billion.