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32 Current news of Saudi Basic Industries

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SABIC and hte announce deepened partnership

15-Mar-2019

On March 13, 2019, SABIC and hte extended plans for collaboration for five more years to increase efficiency through digitalization and high throughput technologies in catalysis research and development (R&D) in petrochemicals. Dr. Fahad Al-Sherehy, Vice President, Technology & Innovation, SABIC ...

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Clariant makes a step change into higher value specialties

Intended transaction to combine Clariant’s Additives and high value Masterbatches with parts of SABIC’s Specialties business to form the Business Area High Performance Materials

19-Sep-2018

Clariant announced an updated strategy and financial outlook as well as the signing of a Memorandum of Understanding with SABIC on a significant collaboration opportunity between the two companies in the area of high performance materials. The Group intends to expand more strongly by focusing on ...

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SABIC acquires 24.99% stake in Clariant

26-Jan-2018

Clariant acknowledges the investment by chemical industry peer and partner SABIC, which has acquired a 24.99% stake in Clariant. The acquisition of these stakes, which were previously held by White Tale and 40 North, makes SABIC the largest Clariant shareholder. As is customary in the industry, ...

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SABIC demonstrates growth strategy with new research agreement with Swiss university

29-Jan-2013

Saudi Basic Industries Corporation (SABIC) has further demonstrated its growth commitment by expanding its multi-year agreement with Swiss Federal Institute of Technology (ETH), under an umbrella agreement for multiple future projects in a wide range of areas in technology and innovation. SABIC ...

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SABIC to Increase STAMAX LGFPP Capacity at Genk, Belgium

27-Jul-2012

SABIC’s Innovative Plastics business announced that it is significantly boosting capacity for its STAMAX long glass fiber-filled polypropylene (LGFPP) composite resins at its manufacturing facility in Genk, Belgium, to meet rapidly growing demand from automotive customers. Last month, the company ...

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SABIC and ExxonMobil to Proceed with Specialty Elastomers Project at Al-Jubail

Completion of project expected in 2015

28-Jun-2012

Saudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil announced they will construct a world-scale specialty elastomers facility at the Al-Jubail Petrochemical Company (Kemya) manufacturing joint venture. The facility will be integrated with the existing Jubail complex and is ...

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SABIC reinforces local presence and customer support by appointing Country Leader in Italy

07-Jun-2012

SABIC has appointed Country Leaders across Europe to ensure that customers take full advantage of SABIC’s global assets and local expertise. Recently, Daniele Petrini was appointed as the Country Leader in Italy; this appointment is connected to the aim to establish a closer cooperation between ...

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SABIC launches multimillion euro investment at Geleen production site

11-May-2012

Over the next eighteen months, SABIC will invest 135 million euros in safety, energy conservation and the environment at their production site in Geleen. The goal of the investment is to ensure a safer, more competitive and more energy efficient cracker that is better for the environment. On ...

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SABIC wins VNCI Responsible Care Award for 2011

Chemicals Company commended as a trendsetter in transport safety

20-Jun-2011

SABIC has won the Responsible Care award for 2011. The announcement was made during the annual meeting of the Dutch Chemical Industry Federation (Vereniging van de Nederlandse Chemische Industrie (VNCI)) in The Hague. The company was chosen to receive the award because of its efforts to render ...

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State-of-the-art polyolefin logistics centre reinforces SABIC’s long-term commitment to serving its UK customers

25-Nov-2010

Saudi Basic Industries Corporation (SABIC officially opened its state-of-the-art polyolefin logistics centre in north-east England, which is replacing SABIC’s current logistics centre in the UK. Located in Middlesbrough, Cleveland, the new facility underlines SABIC’s long-term commitment to ...

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