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According to a previous Detailed Facility Report from the EPA, SABIC has seen multiple high-priority violations of the Clean ...
LNP THERMOCOMP WFC061I compound can replace metal in EVCU covers to reduce weight significantly and expand design freedom ...
A union claims a mayor has refused multiple invitations to discuss supporting workers at a plant marked for closure. The ...
UN talks on a first global plastic treaty are going down to the wire as fossil fuel companies, petrostates and the plastic ...
Arabian Gulf Business Insight on MSN9d

Sabic to pay over $1bn dividend despite losses

Saudi Basic Industries Corporation (Sabic), the state petrochemical giant which is 70 percent owned by Saudi Aramco, will pay a dividend of SAR4.5 billion ($1.2 billion) despite swinging to a loss in ...
Saudi Arabia’s biggest chemical company posted a third consecutive quarterly loss, missing analyst estimates for a profit, amid a prolonged industry downturn.
SABIC announced its financial results for the second quarter of 2025, with an adjusted net income of SAR0.5 billion compared ...
Stocks in the Gulf dropped Sunday as investors responded to poor earnings and fresh economic pressure from the United States, ...
Saudi Basic Industries Corporation, the Middle East's biggest petrochemicals company, reported a third consecutive quarterly ...
Saudi Arabia’s biggest chemical company posted a third consecutive quarterly loss, missing estimates by analysts for a profit ...
Saudi chemicals company SABIC reported another surprise quarterly loss on Sunday, after deciding to shut a cracker in Britain ...