07-26-2024, 10:50 PM
Information about SABIC
SABIC has managed to become one of the best petrochemical companies in the Arab world and the Middle East.
حكم سهم سبكيم
Many investors are thinking about buying SABIC Saudi stock, which is one of the best stocks for daily trading and speculation, and many believe that it is preparing for growth with the company's expansion trend.
The company is an umbrella for 8 Saudi companies operating in the petrochemical sector. It covers the Gulf market and supplies it with sufficient petrochemicals, and then reaches global markets, especially Europe and Asia. Sipchem is constantly looking for opportunities for growth, renewal and innovation to achieve sustainable growth.
In the second half of 2006, Sipchem started building the Acetyls Project Complex, which consists of three plants: Acetic Acid Witting Plant with a capacity of 460,000 tons per year, Vinyl Acetate Monomer Plant with a capacity of 330,000 tons per year and Carbon Monoxide Plant with a capacity of 345,000 tons per year.
The three plants started their commercial operations in the second quarter of 2009. Sipchem confirms its intention to become one of the largest integrated petrochemical complexes owned by the private sector in the Middle East.
Sipchem is committed to carrying out its activities according to the highest quality standards in production, without compromising its commitment to protecting the environment and the safety of its employees and the community as a whole.
The impact of the Covid-19 pandemic on Saudi companies was not easy, but it was a strong test for them, and Sipchem is one of those companies that proved its ability to recover from it.
The company also conducted reviews of low-level and weak factories, temporarily closed them to study their weaknesses, and is now looking to develop and improve their performance.
The company is also exploring new markets and trying to expand in these markets, as 40% of its products are now exported to the European market, 35% are consumed in the Asian market, and 20% to 25% of them are sold only to India.
The company has concluded a new deal aimed at converting its factories to operate on clean energy. While the company is leaning towards expanding in the market, it has not canceled dividends, but only reduced them.
SABIC has managed to become one of the best petrochemical companies in the Arab world and the Middle East.
حكم سهم سبكيم
Many investors are thinking about buying SABIC Saudi stock, which is one of the best stocks for daily trading and speculation, and many believe that it is preparing for growth with the company's expansion trend.
The company is an umbrella for 8 Saudi companies operating in the petrochemical sector. It covers the Gulf market and supplies it with sufficient petrochemicals, and then reaches global markets, especially Europe and Asia. Sipchem is constantly looking for opportunities for growth, renewal and innovation to achieve sustainable growth.
In the second half of 2006, Sipchem started building the Acetyls Project Complex, which consists of three plants: Acetic Acid Witting Plant with a capacity of 460,000 tons per year, Vinyl Acetate Monomer Plant with a capacity of 330,000 tons per year and Carbon Monoxide Plant with a capacity of 345,000 tons per year.
The three plants started their commercial operations in the second quarter of 2009. Sipchem confirms its intention to become one of the largest integrated petrochemical complexes owned by the private sector in the Middle East.
Sipchem is committed to carrying out its activities according to the highest quality standards in production, without compromising its commitment to protecting the environment and the safety of its employees and the community as a whole.
The impact of the Covid-19 pandemic on Saudi companies was not easy, but it was a strong test for them, and Sipchem is one of those companies that proved its ability to recover from it.
The company also conducted reviews of low-level and weak factories, temporarily closed them to study their weaknesses, and is now looking to develop and improve their performance.
The company is also exploring new markets and trying to expand in these markets, as 40% of its products are now exported to the European market, 35% are consumed in the Asian market, and 20% to 25% of them are sold only to India.
The company has concluded a new deal aimed at converting its factories to operate on clean energy. While the company is leaning towards expanding in the market, it has not canceled dividends, but only reduced them.