SABIC has completed the $450 million sale of its Engineering Thermoplastics business to Mutares SE & Co., covering assets across the Americas and Europe. The deal supports SABIC's strategy to exit und
SABIC showcased advanced polymer solutions at CHINAPLAS 2026, highlighting its upcoming Fujian Petrochemical Complex and innovations for renewables, robotics, and electric vehicles to support China's
Iranian media reported major strikes on Saudi Arabia's Jubail petrochemical hub involving SABIC and Dow, while Saudi officials confirmed missile interceptions near energy sites. Israel also claimed an
At GPCA 2025, SABIC's CEO urged industry collaboration to tackle petrochemical overcapacity. GCC petrochemical output rose 5.7% year-over-year in 2024, while regional revenue declined and global ranki
MOL's petrochemical variable margin fell to a year-low of €130 per metric ton in October, the lowest since Q4 2023. This slump has contributed to widening losses for the company.
SABIC reported its third consecutive quarterly net loss and confirmed over $1 billion in costs related to its UK cracker closure. It is now exploring market consolidation options, including potential
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