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Sabic opens world’s first demo plant for electrically-heated steam cracking furnace
The technology could potentially cut emissions from the energy-intensive production process by at least 90%
Riyad Capital says listed software, services, and healthcare companies will post fastest earnings growth in 1Q
The domestic IT sector is expected to grow 8% y-o-y in 2024
Sabic, Fujian Energy Petrochemical JV break ground on world-scale petrochem complex in China
They also signed an undisclosed project financing loan agreement for the complex
Mawani completes SAR 1 bn Jeddah Islamic port upgrade + Cenomi opens U Walk Jeddah
Plus: Petchems, education, startups, manufacturing, aviation and more
Units of Sinopec, Tecnicas Reunidas land USD 3.3 bn Aramco contract
The JV is 65% owned by Tecnicas with the remaining 35% stake held by Sinopec
Sabic reaches FID for China petrochem complex
The project comes under a plan by Sabic to diversify its feedstock sources
Alujain offloads stake in NAPTET
Proceeds will pay off the company's current and future financial obligations
Aramco hikes diesel prices for manufacturers by 53%, but impact on consumers should be limited
It’s the biggest price hike ever for manufacturers and petchem companies, but the impact on consumer-focused companies should be minimal
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