“Overcapacity continues to be a challenge, especially for polymers,” Sabic Chief Executive Officer Abdulrahman Al-Fageeh said in a statement. “Ethylene demand growth remains slower than capacity ...

Saudi chemicals giant SABIC plans to cut costs and find new investment opportunities, it said on Wednesday after reporting worse than expected fourth-quarter results against a sectoral backdrop ...

Saudi Basic Industries Corp. (SABIC) CEO Abdulrahman Al-Fageeh said Q4 2024 performance was impacted by higher fixed costs, which typically rise in winter due to increased petroleum product prices.

Company is also on the lookout for investment opportunities Chemicals sector has faced growing pressure on margins SABIC swings to full-year profit RIYADH, Feb 26 (Reuters) - Saudi chemicals giant ...

Abdulrahman Al-Fageeh, CEO and Executive Board Member of Saudi Basic Industries Corp. (SABIC), said the easing of monetary policies is aiding the recovery of the petrochemicals sector. However, ...

US plastic household goods manufacturer Tupperware Brands (Orlando, Florida; www.tupperware.com) will begin introducing certified “circular” polymers manufactured by Saudi Arabian petrochemicals giant ...

Economic analysts expect Saudi Basic Industries Corporation (SABIC) to achieve a net profit of approximately $258 million in the fourth quarter of 2024, bringing its total annual earnings to around $1 ...

A Selkirk woman is facing arson and animal endangerment charges after Manitoba RCMP allege she set fire to her own home with five pets inside. Officers were called to the blaze, on McLean Avenue ...

A Selkirk Avenue building that houses a pizza joint went up in flames Sunday — the latest blow to a business zone that has long been the economic heart of the North End. *Billed as $4 plus GST ...

Emergency services were called out to the incident on Balnagowan Road in Selkirk at about 05:30 on Saturday. Police Scotland said 73-year-old Jessie Dahill was pronounced dead at the scene.

Winnipeg, MB – At 1:30 p.m. on Sunday, February 23, 2025, the Winnipeg Fire Paramedic Service (WFPS) responded to reports of a fire in a mixed commercial and residential building in the 400 block of ...

SABIC Agri-Nutrients Company (SABIC AN) said work is underway to finalise the feasibility and technical studies needed to reach the Final Investment Decision (FID) on the new low-carbon ammonia plant ...