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SABIC approves SR9 billion dividends for 2020

Revealed: Top 5 most powerful Arabs in Saudi Arabia

Revealed: Top 5 most powerful Arabs in Saudi Arabia 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP The highest ranked Arabs originating from Saudi Arabia in Gulf Business’ annual Arab power list by Gulf Business Saudi nationals once again stood out as the second largest group in Gulf Business‘ annual Arab Power list for 2021, with the number of entries tallying 20 this year. Leading from the front is the chair of the state-owned oil giant Saudi Aramco, while its CEO Amin Naseer also sat among the top five most powerful Arabs from the kingdom.

SIRC, SABIC to realize Saudi vision 2030 objective of circular economy

SIRC, SABIC to realize Saudi vision 2030 objective of circular economy 4/8/2021 Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of Saudi Public Investment Fund (PIF), signed a Memorandum of Understanding (MoU) with SABIC, a global leader in diversified chemicals, to help SIRC set up its first chemical recycling project to enable the use of recycled plastic feedstock. The MoU, signed at SABIC headquarters in Riyadh on April 5, 2021, also proposed a feasibility study on building a chemical recycling plant in the Kingdom to convert Mixed Plastic Waste (MPW) into pyrolysis oil. “This strategic collaboration will help us in our efforts to contribute to fulfilling the Kingdom’s waste management objectives aligned with Saudi Vision 2030,” said Yousef Al-Benyan, SABIC Vice Chairman and CEO.

Sabic, SIRC to set up recycling project; eye plastic waste-to-oil plant

Sabic, SIRC to set up recycling project; eye plastic waste-to-oil plant Riyadh, Dubai, 5 hours, 15 minutes ago Sabic, a global leader in diversified chemicals, signed a Memorandum of Understanding (MoU) with the Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of Saudi Public Investment Fund (PIF), to help the latter in setting up the first chemical recycling project to enable the use of recycled plastic feedstock.   The MoU, signed at Sabic headquarters in Riyadh on April 5, 2021, also proposed a feasibility study on building a chemical recycling plant in the Kingdom to convert Mixed Plastic Waste (MPW) into pyrolysis oil.   “This strategic collaboration will help us in our efforts to contribute to fulfilling the Kingdom’s waste management objectives aligned with Saudi Vision 2030,” said Yousef Al-Benyan, Sabic Vice Chairman and CEO.

SIRC, Sabic mull new chemical recycling plant in Saudi Arabia

SIRC, Sabic mull new chemical recycling plant in Saudi Arabia DUBAI, 3 hours, 57 minutes ago Saudi Investment Recycling Company (SIRC), a subsidiary of Saudi Public Investment Fund (PIF), said it has signed a MoU with Saudi petrochemical giant Sabic to help achieve a circular economy, one of the key objectives of Saudi Vision 2030.   As per the deal, SIRC will source, collect, sort and supply the feedstock for the chemical recycling facility from municipal solid waste.   The MoU, which was recently signed at Sabic headquarters in Riyadh, also proposed a feasibility study on building a chemical recycling plant in the kingdom to convert mixed plastic waste (MPW) into pyrolysis oil.

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