Saturday 18 April 2015
 
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Safco Q1 net profit slumps 30pc

Saudi Arabia Fertilizers Company (Safco) said on Tuesday its first-quarter net profit tumbled 30 per cent from a year ago, missing analysts' forecasts due to lower sales and prices of its products. It is the seventh quarter in

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Saudi's Yansab Q1 net profit slumps 48.7pc

Saudi Arabia's Yanbu National Petrochemical Company (Yansab) reported a 48.7 per cent drop in first-quarter net profit on Monday. The firm, a subsidiary of Saudi Basic Industries Corporation (SABIC), made a net profit of 285.1

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Sabic steel products sales total 6m tonnes

Saudi Basic Industries Corporation (Sabic) meets half the local demand for steel products, with sales reaching around 6 million metric tonnes a year, a senior executive said. "Sabic is the first company in the region to offer

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Sabic to expand focus on additive manufacturing

Saudi Basic Industries Corporation (Sabic) is set to expand its application development focus in additive manufacturing technology, according to a report. The move underscores Sabic’s commitment to this evolving technology t

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Saudi's Safco urea plant start-up delayed till May

The start-up of a new urea plant owned by Saudi Arabia Fertilizers Company (Safco) will be delayed to mid-May this year, the company said on Thursday. Safco did not give a reason for the delay of the facility known as Safco 5, but

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Sabic introduces new polymer products

Saudi Basic Industries Corp (Sabic), one of the world's largest petrochemicals groups, has commercially launched a new range of non-phthalate polymer products developed at its technology centre in Riyadh. These latest non-phth

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Sabic unveils innovative products at Saudi expo

Saudi Basic Industries Corporation (Sabic), one of the world's largest petrochemicals groups, showcased its range of innovative products in construction, printing and packaging at the 12th Saudi Exhibition for Printing, Packaging, Plastics a

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Sabic unveils innovative products at Saudi expo

Saudi Basic Industries Corporation (Sabic), one of the world's largest petrochemicals groups, showcased its range of innovative products in construction, printing and packaging at the 12th Saudi Exhibition for Printing, Packaging, Plastics a

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Sabic appoints Yousef Al Benyan as acting CEO

Saudi Basic Industries Corp (Sabic) said it has named Yousef Abdullah Al Benyan as its acting chief executive officer (CEO), replacing outgoing head Mohamed Al Mady.   A Sabic official said Benyan's appointme

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Al-Benyan named new Sabic CEO

Saudi Basic Industries Corp (Sabic) said on Sunday it has named Yousef Abdullah Al-Benyan as its new chief executive officer, replacing outgoing head Mohamed Al-Mady. Al-Benyan was named executive vice president of corporate finan

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