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28/03/2025 07:03 AST
Sabic, a global leader in diversified chemicals, today (Martch 27) reaffirmed its advocacy for sustainable growth through innovation and collaboration at the Boao Forum for Asia (BFA)'s Annual Conference 2025 in China.
Marking its sixth consecutive year as BFA's honorary strategic partner, Sabic underscored its commitment to fostering cross-industry synergies and cross-regional collaboration to unlock sustainable growth with key stakeholders across the value chain.
With its continued investment in China, one of its important and strategic markets, Sabic also underscores its belief that cross-regional collaboration with customers and partners lays the foundation for sustainable economic growth in this changing world.
In 2024, Sabic started construction of a 44.8-billion-yuan world-scale petrochemical complex and signed a potential investment agreement to build an engineering thermoplastics compounding plant in Fujian, China.
Delivering his keynote address, Abdulrahman Al Fageeh, Sabic CEO and member of the BFA Board of Directors, said: "Companies that embrace innovation and strengthen collaboration can transform the challenges of the changing world into the opportunities of sustainable economic growth."
Al Fageeh emphasised the significance of cross-regional and cross-value chain partnerships in scaling up innovative solutions with lasting impact.
As the sole representative of the global business community, he also highlighted the chemical industry's unique role in supporting global economic growth.
During the BFA Annual Conference 2025, Al-Fageeh also joined business representatives, organization leaders, and industry experts in a high-level roundtable on Promoting Energy Transition in Asia.
He emphasized not only the chemical industry's pivotal role in fostering cross-industry innovation to accelerate the energy transition, but also the necessity of cross-regional collaboration to unlock broader economic growth.
Trade Arabia
06/05/2025
SABIC, a global leader in chemicals, reported a net loss of SAR1.2 billion ($320 million) for the first quarter of 2025, representing a 36% improvement compared to a net loss of SAR1.9 billion in the
Trade Arabia
05/05/2025
SABIC announced on Sunday a net loss of SR1.2 billion for the first quarter of 2025 - a 36% improvement from the SR1.9 billion loss recorded in the previous quarter, driven by one-time restructuring
Saudi Gazette
26/02/2025
Chemical manufacturer Saudi Basic Industries Corp. posted a net profit of SR1.54 billion ($410.6 million) in 2024, rebounding from a SR2.77 billion loss the previous year, driven by improved operatio
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 51.00 | 3.10 (6.47 |
| SABICAGRINUTRIENTS | 98.40 | 1.10 (1.13 |
| MARBLEDESIGN | 72.00 | -2.00 (-2.71 |
| APICO | 54.40 | 0.00 (0.00 |
| LIMEINDUSTRIES | 12.30 | 0.00 (0.00 |
06/05/2025
AD Ports Group, and the General Authority for Suez Canal Economic Zone (SCZONE), the integrated investment destination for linking industry and global trade, have signed a 50-year renewable usufruct
Trade Arabia
06/05/2025
ADNOC Gas on Monday announced net income of $1.27 billion and EBITDA of $2.16 billion for the first quarter of 2025, exceeding the equivalent quarter in 2024 by 7% and 4% respectively.
The p
Khaleej Times
06/05/2025
SABIC, a global leader in chemicals, reported a net loss of SAR1.2 billion ($320 million) for the first quarter of 2025, representing a 36% improvement compared to a net loss of SAR1.9 billion in the
Trade Arabia
06/05/2025
As part of its ongoing commitment to growing and nurturing national talent within the banking and financial sectors, Gulf Bank has successfully concluded the 10th edition of its "Ajyal" program. Span
Kuwait Times
06/05/2025
ZAINIAC, Zain's internal innovation program, has made a strategic investment in Actly, an AI startup founded by Zain Kuwait employee Ahmad Al-Obaid, who will also serve as the entity's CEO. This grou
Kuwait Times
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