February 6, 2025
‎SABIC says affiliates notified of feedstock price increase

Logo ofSaudi Basic Industries Corporation (SABIC)

Saudi Basic Industries Corporation (SABIC)announced that its affiliatesin Saudi Arabiareceived an official notification from Saudi Arabian OilCo. (Saudi Aramco)on a hike infeedstockprices.

Accordingly, the company’s annual cost ofsales is expected to rise by nearly 1.7%, asper thelatest audited annual financialstatements…
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