Middle East Economic Survey

VOL. LIV

No 4

24-Jan-2011

SAUDI ARABIA

SABIC Unveils 2010 Financial Results, Sees Higher Sales And Profits In 2011-12

Saudi Basic Industries Corporation (SABIC) announced on 19 January its interim financial results for the 12 months ending 31 December 2010 and said that it expects both higher sales and profitability this year and throughout the next as petrochemical prices return to pre-crisis levels and further output capacity is built-up. SABIC the worlds...