SABIC

SABIC named 2020 BFA honorary strategic partner
At the BFA Global Healthcare Forum (GHF) International Video Conference – Global Experience Exchange on Covid-19 Pandemic Prevention and Control and International Cooperation – SABIC attended for the first time as the 2020 BFA Honorable Strategic Partner
SABIC posts net loss of $253.33mn in Q1-2020, suspends all capex
Total sales during the first quarter amounted to $8.22bn, a decrease of 18% compared to the same quarter of 2019, and a decrease of 6% against the previous quarter
Are single-use plastic items making a comeback?
In the fight against Covid-19 pandemic, an unexpected hero is emerging, which would have been considered as a villain by a large section of the society in the absence of the unprecedented health crisis created by the new virus. It seems that single-use plastics can literally make the difference between life and death in the current scenario. Are single-use plastics – the movement towards the phase-out which was gaining momentum around the world before Covid-19 pandemic – staging a comeback?
SABIC donates $1.5mn to support Covid-19 response efforts in Americas region
SABIC, whose Americas head office is based in Houston, will donate approximately $1mn to food banks and community-based agencies
SABIC annual general meeting approves $1.76bn in dividends
SABIC maintained its third position among global diversified chemical companies in the 2019 Forbes annual ranking of the world’s biggest companies
SABIC releases sustainability report outlining progress on key drivers, moving toward a more circular future
As reflected in the report’s title, several landmark internal decisions in 2019 helped SABIC emerge as a pioneer in the development of the circular economy

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