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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
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
20/02/2025
Saudi Basic Industries Corporation (SABIC) has announced the completion of the regulatory process to sell its 20.62% shareholding in Aluminum Bahrain (Alba) to the Saudi Arabian Mining Company (Ma'ad
Trade Arabia
09/03/2018
Saudi Arabia will firmly support the UK as it embarks on Brexit, the chief of chemicals giant Sabic said on Thursday. Speaking at a gathering of CEO's from both countries in London, Sabic CEO Yousef
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 46.30 | 1.00 (2.20 |
| SABICAGRINUTRIENTS | 106.00 | 1.00 (0.95 |
| MARBLEDESIGN | 75.00 | 0.00 (0.00 |
| LIMEINDUSTRIES | 14.00 | 0.80 (6.06 |
| APICO | 53.00 | 0.70 (1.33 |
29/03/2025
China's President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese econo
Reuters
28/03/2025
Qatar Islamic Insurance Group convened its Annual General Assembly Meeting for the year 2024, yesterday. The Board proposed to the assembly distribution of cash dividends of 50% of the paid-up capita
The Peninsula
28/03/2025
AD Ports, a leading facilitator of global trade, logistics, and industry, has announced the signing of a 50- year agreement with Oylz Terminals, a UAE based oil supply and distribution provider to de
Trade Arabia
28/03/2025
Modon Holding, an Abu Dhabi-based holding company, and Elsewedy Industrial Development, one of Egypt's leading integrated industrial and logistics cities developers, have signed a letter of intent (L
Trade Arabia
27/03/2025
Saudi Aramco kept the April's official selling prices for propane and butane unchanged from the previous month, according to a statement released on Thursday.
The prices are set at $615 per
Arab News
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