Sabic aramco. 6 days ago · SABIC, a global leader in chemicals, today reported i...
Sabic aramco. 6 days ago · SABIC, a global leader in chemicals, today reported its 2025 full year financial results, posting a net adjusted income of SAR 2. Jun 14, 2020 · State-owned Saudi Aramco bought 2. The deal, closed in 2020, was part of a broader strategy to integrate crude oil with petrochemicals, positioning the Kingdom for the future as global energy demand evolves. He previously served as CEO at Sadara Chemical Company between October 2017 and November 2022 and has chaired boards at ARLANXEO and Saudi Aramco Mobil Refinery Company. Combines strengths and interests of two global companies to accelerate Aramco’s downstream strategy and leverage petrochemicals growth opportunities. The acquisition puts an enterprise value of US$500 million on the business, which includes 2. 1 billion and revenues of SAR 116. 6 days ago · Saudi Arabia’s biggest chemical producer Sabic named Faisal Mohammed Al-Faqeer as chief executive officer after Abdulrahman Al-Fageeh announced his resignation, according to a company statement. 5 billion. He is currently the Senior Vice President of Liquids to Chemicals at Saudi Aramco. . Al‑Faqeer is currently the Senior Vice President of Liquids to Chemicals in Saudi Aramco. Al‑Fageeh led the petrochemicals giant through a Mar 2, 2026 · Qatar halts output of LNG, associated products Aramco's Ras Tanura refinery hit by drone, source says Major Israeli gas fields, including Leviathan, offline Most output in Iraqi Kurdistan shut 6 days ago · News People SABIC Names Al-Faqeer as CEO After a $7 billion Loss in 2025 The new CEO, Al-Faqeer, arrives from within the Aramco group, where he currently serves as Senior Vice President, focused on converting crude oil directly into chemicals, at the heart of Aramco’s downstream strategy, . Everything we do is anchored by our corporate values: citizenship, safety, accountability, excellence and integrity. 1 day ago · Shares of SABIC Agri-Nutrients Co. Saudi Arabia, June 17 2020 – Aramco today announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) from the 4 days ago · News SABIC Names Al-Faqeer as CEO After a $7 billion Loss in 2025 The new CEO, Al-Faqeer, arrives from within the Aramco group, where he currently serves as Senior Vice President, focused on converting crude oil directly into chemicals, at the heart of Aramco’s downstream strategy, . Al-Buainain currently serves as Executive Vice President of Global Manufacturing at Saudi Aramco. 3 million tonnes of polyolefins capacity along with 1. 6 days ago · Dr. 1 billion shares of Saudi Basic Industries (SABIC) on the stock market on Sunday as it completed its deal agreed last year to buy 70% of the petrochemical giant, according to sources and market data. Dec 14, 2022 · In August, Saudi Aramco and SABIC Agri-Nutrients obtained the world’s first independent certifications recognizing blue hydrogen and ammonia production, Argaam earlier reported. News. (SABIC AN) and Saudi Arabian Oil Co. Al-Faqeer has been Senior Vice President of In-Kingdom Liquids-to-Chemicals Development at Aramco, one of the world’s leading integrated energy and chemicals companies. Faisal Mohammed Al‑Faqeer as its new CEO following the resignation of Abdulrahman Al‑Fageeh. 34 billion riyals through its transformation programme’s initiatives, and 12. At Aramco, our behavior is what defines us - as a company, as employees, as people. His appointment signals continued strategic alignment between SABIC and its majority shareholder, and 6 days ago · Sabic achieved 2. The company also said on Wednesday that it plans to distribute 4. (SABIC) has appointed Dr. 1) billion, Tadawal data showed Aug 21, 2025 · The Aramco Era A major shift came in 2019 when Saudi Aramco agreed to purchase a 70 percent stake in SABIC from the Public Investment Fund for $69. 1 billion. ) has officially appointed Dr. Dr. Mar 2, 2026 · Saudi Aramco, the Kingdom’s state-owned oil company, has shut down operations at Ras Tanura after Iran took aim at the site with drones. Al-Faqeer succeeds Abdulrahman Al-Fageeh, who is retiring after more than 40 years with the company. (Saudi Aramco)hit their highest levels in 52 weeks today, March 8, data compil 5 days ago · SABIC (Saudi Basic Industries Corp. His appointment signals continued strategic alignment between SABIC and its majority shareholder, and 5 days ago · The company also confirmed that Ibrahim Al-Buainain will join the SABIC Board of Directors as an interim member, filling the seat vacated by Al-Fageeh. Positions Aramco as one of the major global petrochemicals players. 26 billion riyals through synergies with Saudi Aramco, he added. SABIC CEO Abdulrahman Al-Fageeh to retire; Faisal Al-Faqeer appointed successor. Faisal Mohammed Al-Faqeer as its new Chief Executive Officer, effective 1 April 2026. 5 days ago · Saudi Basic Industries Corp. This could cause a disruption in the global oil market, as the site has the crude capacity of 550,000 barrels per day Mar 2, 2026 · Then, in January AEQUITA announced a further deal to purchase the European Petrochemicals arm of SABIC, a chemical manufacturer majority owned by Saudi Aramco. Four transactions were executed on the Saudi exchange, known as Tadawul, involving SABIC shares worth 259,125 billion riyals ($69. 6 days ago · SABIC’s incoming CEO Dr. 5 days ago · The board has expressed confidence that incoming chief executive will help ensure business continuity while advancing innovation and value creation. 5 billion riyals as interim dividends for the second half of 2025. 1 million tonnes of olefins capacity. Faisal Al-Faqeer comes to SABIC from Aramco where he was Senior Vice President responsible for In-Kingdom Liquids-to-Chemicals Development. Abdulrahman Al-Fageeh, CEO retirement, Faisal Al-Faqeer, Petrochemicals, SABIC, Sadara Chemical Company, Saudi Aramco. He previously served as CEO at Sadara Chemical Company from October 2017 to November 2022. blwdepv ipv dbvqa vbrv qbojrd twdgd dctp htjxhh jicuyww inqsuq