Saudi state-led petrochemicals and steel giant Sabic has revealed the total revenues of its three business units for the first time, with its core petrochemicals and specialties division seeing revenues fall in the first quarter due to the index linking of petchems prices to crude oil prices.
The company is providing more information about the separate performances of its fertilizers and metals business of late, perhaps paving the way for them to be hived off and sold following the conclusion of the Aramco share purchase (MEES, 29 March). (CONTINUED - 884 WORDS)
