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Sipchem completes $266m five-year sukuk issue

Saudi International Petrochemical Co (Sipchem) has completed a SAR1 billion ($266.6 million) sukuk, it said on Thursday. The five-year issue was priced at 235 basis points over the six-month Saudi Arabia Interbank Offered Rate (SA

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Sipchem completes $266m five-year sukuk issue

Saudi International Petrochemical Co (Sipchem) has completed a SAR1 billion ($266.6 million) sukuk, it said on Thursday. The five-year issue was priced at 235 basis points over the six-month Saudi Arabia Interbank Offered Rate (SA

More…

Sipchem completes $266m five-year sukuk issue

Saudi International Petrochemical Co (Sipchem) has completed a SAR1 billion ($266.6 million) sukuk, it said on Thursday. The five-year issue was priced at 235 basis points over the six-month Saudi Arabia Interbank Offered Rate (SA

More…

Sipchem selects IBM for digital transformation services

IBM, a global technology and innovation company, has signed a 10-year technology services and digital transformation agreement with Saudi International Petrochemical Company (Sipchem). Sipchem will leverage IBM’s cloud, mobi

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Sipchem selects IBM for digital transformation services

IBM, a global technology and innovation company, has signed a 10-year technology services and digital transformation agreement with Saudi International Petrochemical Company (Sipchem). Sipchem will leverage IBM’s cloud, mobi

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Sipchem restarts units after shutdown

Saudi International Petrochemical Co (Sipchem) has restarted three plants after they were shut for maintenance earlier this month, the company said on Tuesday. Last month, Sipchem said the units would be under maintenance from May

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Sipchem restarts units after shutdown

Saudi International Petrochemical Co (Sipchem) has restarted three plants after they were shut for maintenance earlier this month, the company said on Tuesday. Last month, Sipchem said the units would be under maintenance from May

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Sipchem plans sukuk investor meetings in May

Saudi International Petrochemical Company (Sipchem) will begin investors meetings in May for a potential issue of sharia-compliant bonds, the firm said on Sunday. Sipchem has appointed Riyad Capital and NCB Capital as managers of

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Sipchem to conduct maintenance in 3 units

Saudi International Petrochemical Company (Sipchem) will conduct maintenance at three of its production units from May 1 that will take about 15 days, the firm said on Thursday. The maintenance will be carried out at Carbon Monoxi

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Sipchem Q1 net profit down 37pc

Saudi International Petrochemical Company (Sipchem) reported a 37.1 per cent drop in first-quarter net profit on Tuesday, hurt by a fall in sales prices of all its products and an increase in production costs. Sipchem made a profi

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