Saudi petchems giant Sabic, 70% owned by state oil firm Saudi Aramco, on 9 August recorded bumper figures for Q2. Both revenue and profits were the highest quarterly figures since the start of comparable data in 2018, and perhaps ever.
Net profits were $2.11bn, whilst revenue soared to $14.93bn for Q2 with both of the key units – Petrochemicals & Specialities, and Agri-Nutrients – seeing record quarterly figures. (CONTINUED - 830 WORDS)
