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6-8-2020
SABIC today reported its earnings for the second quarter of 2020. The company’s revenue for the second quarter reached SAR 24.62 billion ($ 6.57 billion), representing a decrease of 18% compared to the previous quarter and a 29% decrease year-on-year.
Read More29-7-2020
SABIC’s polycarbonate facility in Cartagena, Spain, is set to become the world’s first large-scale chemical production site to be run entirely on renewable power, following the signing of a major agreement.
Read MoreYou can see overview information about SABIC in our media pack
A summary of the performance and financial results for Q1 2020
Design for recyclability is one of our focus under TRUCIRCLE™ portfolio, aiming to minimize waste and helping to enable 100% recyclability of packaging. See how SABIC® BOPE polymer supports easy and full recyclability through mono-material structure in multilayer tenter frame of flexible packaging.
SABIC is headquartered in Riyadh, Saudi Arabia.
SABIC was incorporated pursuant to Royal Decree No. M 66 dated 13/9/1396H (corresponding to September 6, 1976) and was registered as a Saudi joint stock corporation under commercial registration No. 10813 on 14/1/139.
Yes, SABIC is a public company listed on the Tadawul Stock Exchange – TASI – of Riyadh, Saudi Arabia. Saudi Aramco owns 70% of the company’s shares, and private investors in Saudi Arabia, the GCC countries , the Qualified Foreign Investor (QFI) and the authorized persons to enter into Swap agreements hold the rest.
The fiscal year end is 31st of December
You can find financial information here.
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