Sabic Emphasizes Crucial Position of Geleen Complex

Sabic, a petrochemicals company controlled by Saudi Arabia, has shed light on the significant position of its Geleen Complex located in the Netherlands. The company stopped short of ruling out the possibility of closing some of its capacity while assessing the future of the site.

The co...

SABIC CHEMICAL PLANT TO OPERATE ON 100% RENEWABLE ENERGY

HIGHLIGHTS

• One polycarbonate facility of SABIC is going to be the world’s first large scale chemical plant to run entirely on renewable energy.
• The facility is located in Spain.

Very soon, the polycarbonate facility of SABIC in...

ACWA Power and SABIC join hands for local content in the renewable energy sector in Saudi Arabia

Dubai’s ACWA Power, recently signed a Memorandum of Understanding with Saudi Basic Industries Corporation (SABIC). The MoU is expected to foster opportunities for Local Content in the economy of Saudi Arabia.

Reports suggest, the agreement was signed by Thamer Al Sharhan, Managing...

Saudi shares see massive gains, causing market in the UAE to fall back

Saudi bond is an exchange in Saudi Arabia or Tadawul. The Capital Market Authority shall supervise it. 171 companies are publicly traded. Trading time is from 10:00 AM until 15:00, Sunday through Thursday from 20 August 2017. The Saudi Stock market, Nomu, was launched on 26 February 2017 as paral...