Sabic Review

Petrochemical giant Sabic has a wide range of businesses, which helps the company cater to the diverse needs of its consumer base and generate higher revenue. Its strategic initiatives and increasing demand for petrochemicals could provide it more opportunities SAUDI Basic Industries Corporation (Sabic), the world’s biggest petrochemicals maker by market value, has firmly set its sights on becoming the preferred world leader in chemicals...






The firm has been on the look-out for further acquisitions abroad. It still lacks the technology to dominate the market. Acquiring established firms would reverse this SAUDI Arabia is committed to produce 10 per cent of the world’s petrochemicals by 2015. The industry benefits from a gas feedstock price of $0.75/mmBTUs (million British thermal units) which, however, could be raised to $1.50/mmBTUs in the near term – with the world’s market level averaging over $7/...






Sabic is conscious that in the rapidly changing world markets and with natural resources under pressure, it needs to be innovative, says MOHAMED H AL MADY SAUDI Basic Industries Corporation’s (Sabic) new strategy, Sabic 2025, will make the company more integrated, more differentiated and more global, says Mohamed H Al Mady, vice chairman and chief executive officer...






Sabic delivers material solutions that give customers the freedom to create exciting new designs which enhance performance without sacrificing sustainability SAUDI Basic Industries Corporation (Sabic) showcased a broad and relevant portfolio of materials technology applications and solutions at “K Show 2013” that was held in the German capital city of North Rhine-Westphalia...






Sabic is helping its customers by designing products that support the needs of pipe manufacturers SABIC is helping its customers in the building and construction industry to develop new solutions for sustainable and energy efficient structures – a major global priority for the industry...






Sabic’s Lexan Lux-G resin grades provide excellent performance and are resistant to both heat and hydro aging, helping customers achieve improved lighting efficiency SABIC’S Innovative Plastics business is introducing two new solutions that address growing needs in the lighting industry: improved energy efficiency and longer life-cycles...






Sabic had announced that the company’s facility in Washington Bottom will close in 2015 and that it would be merged with its plants in Ottawa and Bay St Louis LOCAL officials in the US are assessing the tax impact from the closure of the Sabic Innovative Plastics plant in Washington Bottom...






Sabic’s innovations help customers in the mass transportation industry bring their designs to life, reduce weight and improve safety, while also reducing emissions SABIC is helping its customers in the rail and aviation segments of the mass transportation industry address the growing demand for high performance, lightweight components, driven in large part by regulatory and fuel efficiency demands...






The estimated cost of the project is approximately SR26 billion ($7 billion), and production at the new facility is expected to commence in late 2016 THE Saudi Arabian Mining Company (Ma’aden) has signed a shareholders agreement to jointly develop a fully integrated, world-class phosphate production facility in Saudi Arabia with partners The Mosaic Company and the Saudi Basic Industries Corporation (Sabic). Ma’aden, Mosaic and Sabic will own 60...






Sabic delivers a wide range of material innovations which are used in applications as diverse as the Fonckel One lamp and Osram’s Superstar LED lamp SABIC’S material solutions are helping customers in the electrical and lighting industries meet significant challenges which include a highly regulated environment that demands sustainable solutions, while also helping them achieve enhanced design freedom, durability and performance...






Sabic has highlighted an innovative application for tyres based on a synthetic rubber material technology that can deliver greater traction and longer wear life SABIC showcased examples of the innovation it can deliver to help the automotive industry achieve greater fuel efficiency, enhanced safety, improved durability and better overall performance at K 2013, the triennial plastics fair that took place in Düsseldorf, Germany...






Riyadh is hoping that building downstream facilities will attract global car-makers such as Toyota and GM SABIC, the undisputed champion in the Saudi petrochemicals industry, has a number of projects planned or under way...






The company is approved by Sabic and the Saudi Electric Company (SEC) and is set for approvals from Saudi Aramco later this year, says PAUL TAYLOR, general manager of SMD-AMA in an interview with OGN THE Structural and Mechanical Division (SMD) of Ahmed Mansoor Al-Aali Group (AMA), which has one of the largest state-of-the-art fabrication and mechanic facilities of its kind in the Middle East, is optimistic about growth prospects in 2014 even as it moves forward as an export-led organisation...






In a 2013 report assessing the corporate anti-corruption and reporting practices of 100 multinational firms from emerging markets, Transparency International has ranked Sabic 11 out of 100 firms in overall score, and first among Middle Eastern ones SABIC has voiced strong concerns over corruption prevailing in today’s global business environment and has expressed its full support to the efforts of Saudi Arabia and Saudi firms in adopting world-class anti-corruption policies and best practices...






Sabic’s more than 50 high-tech healthcare materials are designed with the intent of supporting OEMs EVOLVING global regulations and growing numbers of patients seeking high quality care are driving the healthcare industry to continuously look for new ways to enhance safety throughout the industry value chain...






Sabic has been working with the packaging industry to help reduce the environmental footprint of plastics THE packaging industry is evolving to meet consumer lifestyle changes like growing demand for convenience food and an increased awareness about their health. Sabic is helping its customers in packaging respond to these needs and the continually evolving regulations that accompany them...






The company continues to pursue new opportunities through additions to its fleets in Saudi Arabia BYRNE Investments Saudi Arabia Limited (Bisal) has been synonymous with the provision of high quality equipment rental solutions and services in Saudi Arabia for many years. While it enjoys a market leading position in the industry, it continues to aggressively pursue new opportunities through...






The UK’s leading manufacturer and supplier of hydraulic tools says the oil and gas industry has been and will remain a significant market for the company HI-FORCE has been present in the UAE since 1992 when its first Middle Eastern facility was opened in Jebel Ali Freezone in Dubai...






Intergraph’s SmartPlant Fusion package deals with unstructured information challenges EVERYONE in the industry would prefer to run a plant they have been involved with from conceptual design to commissioning, all handled by a single EPC contractor who has handed over a perfect set of data files. However, in reality, most owner operators have to deal with plants which incorporate...






Linde Engineering Middle East, one of the leading EPC companies, expects to achieve a profit margin of at least 10 per cent this year LINDE’S Engineering Division, one of the leading technology engineering, procurement and construction (EPC) companies across the globe, expects to generate the same level of revenue in its plant construction business in the current financial year as it did in 2012. It also hopes to achieve an...






SABIC has reaffirmed its commitment to support the research being conducted at the King Abdullah University of Science and Technology (Kaust) at a meeting between Mohamed Al Mady, Sabic vice chairman and CEO, and Prof Jean-Lou Chameau, president of the university, during a two-day visit to Sabic...






One of the leading manufacturers of welding consumables has now merged fully with the voestalpine Group, a steel-based technology and capital goods group with about 500 group companies and locations in more than 50 countries THE erstwhile Bohler Welding Group, one of the leading manufacturers of welding consumables, has now become a fully integrated part of the voestalpine Group, from September, this year...






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