Saudi Basic Industries Corp (SABIC) | Egypt Oil & Gas
SABIC, JSMC JV to Extend for 20 Years
Saudi Basic Industries Corporation (SABIC) has extended its joint venture (JV) with the Japan Saudi Arabia Methanol Company (JSMC) in Saudi Methanol Company (Arrazi) for 20 years, after receiving regulatory approvals,...
Aramco to Finalize SABIC’s Acquisition Deal by 2020
Saudi Aramco plans to finalize the 70% shares acquisition of Saudi Basic Industries Corporation (SABIC) by 2020, Reuters reported. Aramco announced on March 27 acquiring SABIC’s 70% stake for $69.1 billion to de... SABIC to Proceed with its Growth Plans
Saudi Basic Industries Corporation (SABIC) plans to continue its development strategies regardless of Saudi Aramco’s shares acquisition, Reuters reported. The company’s plans will not be affected by the 70% stak... SABIC Awards EPC Contract to Fluor
The Saudi Basic Industries Corporation (SABIC) awarded Fluor Corporation a contract for engineering, procurement and construction (EPC) management services for the recommissioning of its polyphenylene ether (PPE) resi... Sabic, Eni Ink Agreement to Develop Natural Gas Conversion Technology
Italian giant, Eni, and Saudi Basic Industries corporation (Sabic) inked a joint development agreement to develop an innovative technology for natural gas conversion, Trade Arabia reported. The agreement was signed by...
SABIC Q4 Profits Decline Due to Low Prices
Saudi Basic Industries Corporation (SABIC), one of the largest chemical producers in the world, announced a decline in its profits for Q4 2018 because of the drop in average selling prices, Pipeline Oil and Gas Magazi... SABIC Extends Stakes in Saudi Methanol Company to 75%
Saudi Basic Industries Corporation (SABIC) signed an agreement with the Japan Saudi Arabia Methanol Company (JSMC) to increase its stakes in the Saudi Methanol Company (Ar-Razi) from 50% to 75%, the company said in a ...
KEMYA Started Commercial Operations
Saudi Basic Industries Corp (SABIC) started commercial operations for polybutadiene industrial rubber part of its Al-Jubail Petrochemical Company (KEMYA) joint venture with a unit of Exxon Mobil, Reuters reported. Th...
Saudi, China to Invest $4b in Petchem Project
Saudi Basic Industries Corp (SABIC) expects the company’s greenfield petrochemical complex in Ningxia Hui Region of China to cost $3-4b and be finalized by 2020, Reuters reported. In May, SABIC signed the projec...Page 1 of 1
