Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Server is busy please try again later.  Join our daily free Newsletter

MENAFN Press - 17/12/2012
No. of Ratings : 0
Add to Mixx!



Due to technical reasons, this story has been removed from our database.

About SABIC
Notes to EditorsBrands marked with „ are trademarks of SABICSABIC is a registered trademark of SABIC Holding Europe B.V.High-resolution photos are available upon requestSABIC should be written in every instance in all uppercase.About SABICSaudi Basic Industries Corporation (SABIC) ranks among the world's top petrochemical companies. The company is among the world's market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.SABIC recorded a net profit of SR 29.24 billion (US 7.80 billion) in 2011. Sales revenues for 2011 totaled SR 189.90 billion (US 50.64 billion). Total assets stood at SR 332.78 billion (US 88.74 billion) at the end of 2011.SABIC's businesses are grouped into Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics. SABIC has significant research resources with 16 dedicated Technology & Innovation facilities in Saudi Arabia, the USA, the Netherlands, Spain, Japan, India and South Korea. The company operates in more than 40 countries across the world with around 40,000 employees worldwide.SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific.Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries. About Innovative PlasticsSABIC's Innovative Plastics business is a leading, global supplier of engineering thermoplastics with an 80-year history of breakthrough solutions that solve its customers' most pressing challenges. Today, Innovative Plastics is a multi-billion-dollar company with operations in more than 35 countries and approximately 9,000 employees worldwide. The company continues to lead the plastics industry with customer collaboration and continued investments in new polymer technologies, global application development, process technologies, and environmentally responsible solutions that serve diverse markets such as automotive, electronics, building & construction, transportation, and healthcare. The company's extensive product portfolio includes thermoplastic resins, coatings, specialty compounds, film, and sheet. Innovative Plastics (www.sabic-ip.com) is a wholly owned subsidiary of Saudi Basic Industries Corporation (SABIC).

 


MENAFN Press




  MENA News Headlines
 Jul 30 2015 - Qatar's transport sector posts double-digit growth in H1MENAFN
(MENAFN) Qatar's transport sector witnessed a healthy double-digit expansion in profitability in the first half of this year, mainly on the back of earnings in logistics segment.The cumulative net ...

 Jul 30 2015 - Arab nations' exports to Brazil hit USD3.377b in H1MENAFN
(MENAFN) According to data by Brazil's Ministry of Development, Industry and Foreign Trade, Arab nations exported products worth USD3.377 billion to Brazil in the first six months of the year.Exports ...

 Jul 30 2015 - Zain logs 30 percent drop of profits in Q2MENAFN
(MENAFN) Kuwait's biggest telecom operator by subscribers Zain reported a 33 percent fall in second-quarter profit, extending an earnings slump as difficulties in Iraq and a strong dollar hurt ...

 Jul 30 2015 - Kuwait- Wataniya Telecom Gains 40 Fils NBK FlatArab Times
(MENAFN - Arab Times) Kuwait stocks eked a feeble rebound on Wednesday stemming the five-day retreat. The key index rose 9.56 pts in volatile trade to 6,245.03 points led by some of the mid and small ...

 Jul 30 2015 - Zain Group Posts $269m Net Income In H1Arab Times
(MENAFN - Arab Times) Zain Group, a pioneer of mobile telecommunications across the Middle East and Africa, announces its consolidated financial results for the six months ended 30 June, 2015. Active ...

 Jul 30 2015 - Kuwait- KFH-Turkey Issues Sukuk Worth TL160m With Tenor Of 189 DaysArab Times
(MENAFN - Arab Times) Kuwait Finance House Turkey KFH-Turkey has issued a lease certificate (sukuk) of TL160 million with a tenor of 189 days through an initial public offering that achieved a ...

 Jul 30 2015 - Governor of Riyadh Region Receives Nepal's AmbassadorSaudi Press Agency
(MENAFN - Saudi Press Agency) Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region, received here today Ambassador of the Republic of Nepal to the Kingdom Adi Raj Bandi, who paid a visit ...

 Jul 30 2015 - Saudi Ambassador to Oman Pays a Visit to the Injured Kid ZeinabSaudi Press Agency
(MENAFN - Saudi Press Agency) Saudi Ambassador to the Sultanate of Oman Eid bin Mohammed Al-Thaqafi visited Al-Nahda Hospital here today, to be reassured of the condition of the young girl Zienab ...

 Jul 30 2015 - GCC Secretary General Condemns Terrorist Attack in BahrainSaudi Press Agency
(MENAFN - Saudi Press Agency) The Secretary General of the Gulf Cooperation Council (GCC) Dr. Abdullatif Rashid Al-Zayani, strongly, condemned the terrorist attack that occurred in Sitra district, ...

 Jul 30 2015 - Anti-Corruption Commission appreciates Custodian of the Two Holy Mosques' orderSaudi Press Agency
(MENAFN - Saudi Press Agency) President of the National Authority for Combating Corruption (Nazaha) Dr. Khalid bin Abdul Mohsen Al-Muhaisin thanked Custodian of the Two Holy Mosques King Salman bin ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help