52 Week Range
As of on the Saudi Arabian Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
CLARIANT CHAIRMAN SAYS HAPPY WITH CURRENT OWNERSHIP STRUCTURE
Clifford Chance And AS&H Advise PIF And Sabic On Sale Of Stake In Sabic To Aramco
Saudi's Sabic Board Appoints Khalid Al-Dabbagh As Chairman
Saudi Basic Industries Corporation SJSC is a Saudi Arabia-based company, which is engaged, together with its subsidiaries, in the manufacturing, marketing and distribution of chemical, agri-nutrient and metal products in global markets. The Company operates under the following business segments: The Chemicals segment, which includes chemicals, polymers and plastic products; the Agri-Nutrients segment, which consists of fertilizer products; the Metals segment, which consists of steel products, as well as the Corporate segment, which includes the corporate operations, technology and innovation centers, investment activities and SABIC Industrial Investments Company (SIIC). The Company’s subsidiaries include: Saudi European Petrochemical Co, Arabian Petrochemical Co and Fiber Reinforced Thermoplastics BV, among others.
Abdulaziz Saleh Aljarbou
Non-Executive Chairman of the Board
Yousef Abdullah Al Benyan
Vice Chairman of the Board and Chief Executive Officer
Timothy D. Leveille
Executive Vice President - Corporate Finance
Executive Vice President - Corporate Human Resources
Samir A. Al Abd Rabo
Executive Vice President Agri-Nutrients
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Saudi Aramco's acquisition of petrochemical maker SABIC will accelerate the company's downstream strategy and transform it into a global petrochemical player, an official of the state oil giant told al-Arabiya TV.
Saudi Aramco <2222.SE> has completed its purchase of a 70% stake in petrochemicals company Saudi Basic Industries <2010.SE> for $69.1 billion and extended the payment period by three years to 2028, providing a cushion against weak oil prices.
State-owned Saudi Aramco <2222.SE> bought 2.1 billion shares of Saudi Basic Industries (SABIC) <2010.SE> 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.
Saudi Aramco <2222.SE> said on Tuesday its planned acquisition of a 70% equity stake in petrochemical maker SABIC <2010.SE> from the Public Investment Fund (PIF), the kingdom's wealth fund, is on track to close in the second quarter.
Saudi Aramco is looking to restructure its deal for a controlling stake in petrochemicals maker SABIC after the target's value dropped more than 40% following an oil price slump during the coronavirus pandemic, two sources told Reuters.
Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC's value following a slump in oil prices in coronavirus pandemic, two sources told Reuters.
Saudi Basic Industries Corp <2010.SE>, the world's fourth-biggest petrochemicals company, suffered a second consecutive quarterly loss and said it will suspend all capital expenditures barring those for late-stage projects and necessary operations.
Saudi Basic Industries Corp (SABIC) has no interest in taking over Swiss chemicals company Clariant despite hiking its stake in the company, its chief executive Yousef al-Benyan told an earnings briefing on Monday.
Saudi Basic Industries Corp (SABIC) <2010.SE> expects a more significant impact on its business from the coronavirus pandemic in the second quarter, its chief executive said on Monday after the company reported a loss in the first quarter.
Chemical giant Saudi Basic Industries Corporation (SABIC) <2010.SE> said on Tuesday that it had raised its stake in Swiss chemicals maker Clariant <CLN.S> to 31.5% from 25%.
* HAS PURCHASED ADDITIONAL SHARES IN CLARIANT AG TO INCREASE ITS STAKE TO (31.5%) Source text for Eikon: Further company coverage:
The following bids, mergers, acquisitions and disposals were reported by 1130 GMT on Friday:
World No. 1 oil producer Saudi Aramco <2222.SE> has gained unconditional EU antitrust approval for its $69 billion bid for a 70% stake in petrochemicals group Saudi Basic Industries Corp (SABIC) <2010.SE>, according to an EU filing.
World No. 1 oil producer Saudi Aramco <2222.SE> is set to gain unconditional EU antitrust approval for its $69 billion buy of a 70% stake in petrochemicals group Saudi Basic Industries Corp (SABIC) <2010.SE>, people familiar with the matter said on Friday.
EU antitrust regulators are set to give unconditional clearance to world No. 1 oil producer Saudi Aramco's $69 billion bid for a 70% stake in petrochemicals group Saudi Basic Industries Corp (SABIC) , people familiar with the matter said on Friday.
EU antitrust regulators will decide by Feb. 27 whether to clear state energy firm Saudi Aramco's $69.1 billion acquisition of world number four petrochemicals group Saudi Basic Industries Corp (SABIC), a European Commission filing showed.
Saudi Arabia's sovereign wealth fund has chosen Goldman Sachs, Bank of America Merrill Lynch and Michael Klein as advisers on its planned sale of a stake in petrochemicals firm SABIC to Saudi Aramco, sources familiar with the process said.
Saudi Basic Industries Corp <2010.SE> won regulatory approvals on Monday to buy a quarter of Swiss chemicals maker Clariant <CLN.S>, cementing a partnership they hope will drive profit.
Saudi Basic Industries Corp <2010.SE> has won regulatory approvals to complete its purchase of 24.99 percent of Clariant <CLN.S>, the Swiss speciality chemicals maker said on Monday, clearing the way for the two companies to intensify cooperation.
Talks on the potential acquisition of a stake in Saudi Basic Industries Corp <2010.SE> are taking place solely between national oil firm Saudi Aramco and the kingdom's top sovereign wealth fund, SABIC's chief executive said on Sunday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.