SABIC Announces Plans to Build Petrochemical Plant in Fujian, China to Strengthen Riyadh-Beijing Relations

SABIC Announces Plans to Build Petrochemical Plant in Fujian, China to Strengthen Riyadh-Beijing Relations

Saudi Basic Industries Corporation (SABIC) announced that it intends to build a petrochemical plant in Fujian Province, southeastern China, to strengthen relations between Riyadh and Beijing. The company said in a statement, “The complex is capable of producing 1.8 million metric tons of ethylene annually, and aims to strengthen SABIC’s presence in the petrochemical industry … Read more

Saudi Aramco Notifies Companies of Fuel Price Increases in 2024: Impact on Cement and Chemical Industries

Saudi Aramco Notifies Companies of Fuel Price Increases in 2024: Impact on Cement and Chemical Industries

Al-Marsad newspaper: A number of companies announced in media statements that they had received a notification from Saudi Aramco to amend the prices of fuel products starting from January 1, 2024. Najran Cement, Al-Jouf Cement, Southern Region Cement, Northern Cement, Tabuk Cement, Madinah Cement, Riyadh Cement, Hail Cement, Umm Al-Qura Cement, Yanbu Cement, and Saudi … Read more

Thailand-Saudi Arabia Trade and Investment Expansion: PIF, ARAMCO, and SABIC Meet with Prime Minister

Thailand-Saudi Arabia Trade and Investment Expansion: PIF, ARAMCO, and SABIC Meet with Prime Minister

The Prime Minister discussed with leaders of major Saudi companies PIF, ARAMCO and SABIC, ready to expand trade and investment with Thailand in areas in which Saudi Arabia and Thailand have expertise, with ARAMCO ready to expand cooperation in energy with PTT, while PIF gave its support. Interested in Land Bridge? Today (21 Oct.) at … Read more