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Saturday, November 21, 2009 11:15 AM

Sabic

Sabic - Click to view image in its original context
Sabic
Type: Company
Name: Sabic (Saudi Basic Industries Corporation (SABIC))
First Reported 11/19/2009 - Updated 11/19/2009 - 2 Documents
SABIC Innovative Plastics tough, lightweight Noryl* GTX resin was recognized today for its key role in helping General Motors (GM) 1987 MY Buick® LeSabre® T-Type fenders win the coveted Hall of Fame Award from the Automotive Division of the Society of ... [Plastemart.com - 11/19/2009]
Entities: Resin, Sabic, Plastics
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents
While parts on General Motors and Ford vehicles tied for the most awards, with three apiece, the Society of Plastics Engineers (SPE) Automotive Innovation Awards did offer some international flavor in 2009, with prizes going to Italian (Fiat), German ... [PlasticsToday.com - 11/19/2009]
Entities: Make Model, Plastics, Sabic
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents
Reuters quoted Italian foundry equipment maker Danieli SpA as saying that the steel plant contract it signed with Saudi Basic Industries Corporation is worth USD 630 million.SABIC said that it signed a deal with the Italian group for the construction ... [Steel Guru - 11/19/2009]
Entities: Sabic, Saudi Arabia, Steel
First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents
JEDDAH: Italy's trade and joint ventures continue to grow and so are its designer stores. "Italy had a dynamic growth in terms of exports to the Kingdom, marking an increase of 22.56 percent during 2006-08 compared to 2004-07," its acting Consul General ... [Arab News - 11/20/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents
STOCK WATCH: Zain and Agility have been hit by negative news this week. () Selling pressure on Saudi bluechips weighed on the index TASI, which ended lower for the first session in three on declining volumes.Saudi Basic Industries (SABIC) fell 0.6 percent ... [Arabian Business - 11/19/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents
Exxon Mobil Corporation - Click to view image in its original context
Exxon Mobil Corporation
MENAFN - 19/11/2009(MENAFN) ExxonMobil Chemical and Saudi Basic Industries Corp (Sabic) launched bids ... [MENAFN - 11/19/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents
Industries Qatar - Click to view 360-page
Industries Qatar
Selling pressure on Saudi bluechips weighed on Saudi stock market benchmark Tadawul All-Share Index (TASI), which ended lower for the first session in three on declining volumes.Saudi Basic Industries (Sabic) fell 0.6 percent and Samba Financial Group ... [Ar Riyadh - 11/19/2009]
First Reported 11/15/2009 - Updated 11/16/2009 - 8 Documents
Saudi Iron & Steel Co. (Hadeed), a unit of Saudi Basic Industries Corp. (Sabic), has signed an agreement with Italy's Danieli & Co. SpA to build a steel plant in the kingdom, Bloomberg has reported. The plant will have the capacity to produce 500,000 ... [AME Info - 11/16/2009]
Entities: Sabic, Hadeed, Iron, Steel
First Reported 11/16/2009 - Updated 11/16/2009 - 2 Documents
Saudi Basic Industries Corporation (SABIC) announced that its manufacturing affiliate, Saudi Iron and Steel Company (HADEED), signed an agreement with the Italian company, Danieli, on November 14 for the construction of a steel plant and a production ... [ME Steel - 11/16/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents
Schroders' Middle East and North Africa fund will be heavily weighted toward Egyptian and UAE construction stocks as it seeks to quadruple its size to $1 billion in 2010, fund manager Rami Sidani said.The fund believes fast-paced economic growth and a ... [Trade Arabia - 11/17/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents
KHOBAR, Saudi Arabia, Nov 17 (Reuters) - Saudi Kayan Petrochemical Co, 2350.SE, a unit of Saudi Basic Industries Corp 2010.SE (SABIC), has asked contractors to revise their bids for the construction of a low density polyethylene plant (LDPE) in Jubail, ... [Reuters UK - 11/17/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents
Saudi Basic Industries Corporation (SABIC) announced today that its manufacturing affiliate, Saudi Iron and Steel Company (HADEED), signed an agreement with the Italian company, Danieli, on November 14 for the construction of a steel plant and a production ... [Zawya.com - 11/17/2009]
Entities: Sabic, Hadeed, Iron, Metals

Quotes

A number of Italian brands are now available across the Kingdom, as Saudis have shown a preference for "Made in Italy' products because of their attractive designs, quality and cost-effective pricing, Renato Catania, head of the commercial section at the Consulate General of Italy, said. Even joint ventures are steadily increasing, he said pointing at a venture between Italcenti and Arabia Cement Co. for producing concrete for the booming construction sector. The plant opened on March 14 in Rabigh, north of Jeddah. "There are plans to expand the plant and consider new ones to meet the growing needs of Makkah, Madinah and Taif, aside from Jeddah, as well as the five new economic cities that have been planned. Another $213 million joint venture has been formed for a steel plant between Danile and Al Rajhi Steel in August. On Nov. 14, the Iron Steel Co., a subsidiary of Saudi Basic Industries Corporation, and an Italian company formed a joint venture for a steel plant to be set up in Jubail in 2010. "Beautiful cars and clothes are what the Italians are known for. Nowhere is this more obvious than with Cesare Paciotti, a family business whose fair for style and dedication to detail embodies the spirit of Italian style and quality," Mohammad bin Haif said on behalf of the local owners."
...The country is the most compelling story in the Mena. "With stock market stabilisation and the recovery of the oil price, our target is to reach $1 billion in 2010" he said. The fund aims to maintain a 10 percent exposure to the Egyptian market within the next couple of months but could increase this figure...
...them the resin they needed to address a critical need,' said Scott Fallon, general manager, Specialty North America, SABIC Innovative Plastics. "The Bump Pump was a very challenging part, with incredibly tight specs and requirements, and Ultem resin was the perfect fit. The exceptional high performance and flexibility of Ultem resin allowed Vitality to streamline production, consolidate parts, boost quality, and significantly cut overall system costs. This project was a total win-win for the entire team and our respective companies."

More Content

All (398) | News (378) | Reports (0) | Blogs (11) | Audio/Video (0) | Fact Sheets (9)
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Global Technical Analysis - Saudi Stock Market ... [AltAssets.net - 1 hour ago]
'Made in Italy' stuff woos Saudis [Arab News - 11/20/2009]
Auto awards name 2009 class of winners [PlasticsToday.com - 11/19/2009]
SABIC order is worth USD 630 million - Danieli [Steel Guru - 11/19/2009]
Long-term polycarbonate prospects good, says Ba... [PlasticsToday.com - 11/19/2009]
SPE® Names Category, Grand Award Winners o... [Industrial News Room - 11/19/2009]
SPE® Names Category, Grand Award Winners o... [ThomasNet - 11/19/2009]
Fenders molded from Noryl GTX Resin win SPE 200... [Plastemart.com - 11/19/2009]
Saudi index ends lower on selling pressure [Ar Riyadh - 11/19/2009]
Exxon, Sabic launch bids for joint project [MENAFN - 11/19/2009]
Fenders molded from Noryl GTX Resin wi... [Plastemart.com - 11/19/2009]
SABIC weighs as Saudi index ends lower [Arabian Business - 11/19/2009]
SABIC weighs as Saudi index ends lower [ArabianBusiness.com - 11/18/2009]
Exxon, Sabic launch bids for rubber plant [Trade Arabia - 11/18/2009]
Exxon, Sabic launch bids for rubber plant in Ju... [Interactive Investor International - 11/18/2009]
Research and Markets: Benzene - A World Market ... [Forbes.com - 11/18/2009]
China's Refinery Boom [Motley Fool - 11/17/2009]
SABIC affilate HADEED signs agreement with Dani... [Zawya.com - 11/17/2009]
Schroders MENA fund aims for $1 bln [Maktoob Business - 11/17/2009]
Saudi Kayan seeks revised bids for Jubail plant [Reuters UK - 11/17/2009]
Schroders fund aims for $1bn Mena investment [Trade Arabia - 11/17/2009]
GCC corporate earnings fall by 23% [MENAFN - 11/16/2009]
Saudi Arabia:HADEED signs agreement with Daniel... [ME Steel - 11/16/2009]
SABIC unit signs deal for Saudi steel plant [Arabian Business - 11/16/2009]
Italy's Danieli says Saudi order worth $630 mln [Interactive Investor International - 11/16/2009]
Sabic unit to build steel plant [AME Info - 11/16/2009]
Sabic affilate Hadeed signs agreement with Dani... [AME Info - 11/16/2009]
Bahrain's Investcorp buys 20% of Gulf Cryo [MENAFN - 11/16/2009]
Danieli to build SABIC steel plant [MENAFN - 11/16/2009]
Danieli to construct steel plant in Saudi Arabia [MENAFN - 11/16/2009]
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Drumbeat: November 3, 2009 [The Oil Drum - Discussions about Energy and Our ... - 11/03/2009]
China OGP halts coverage of crude, products stockpiles BEIJING (Reuters) - China OGP, an oil industry newsletter issued by Xinhua news agency, will no longer publish ...
Companies remain cautious on the outlook [Chemicals & The Economy - 10/31/2009]
The good news is that the stabilisation seen in Q2 has been maintained. But companies remain cautious on the outlook, to judge from Q3 reports. CEOs are sceptical ...
Syntec Biofuel Changing Name to Synthenol to Re... [Green Car Congress - 10/24/2009]
Syntec Biofuel Inc. will apply to change its name to Synthenol, Inc. in order to differentiate itself from a conventional biofuel business. Syntec Biofuel’s technology ...
Vale and SABIC ink 10 year iron ore pallet supp... [Metals News - Metals Place - 10/07/2009]
Brazilian iron ore miner Vale SA has closed a 10-year contract to supply 3.3 million tonnes per year of iron pellets to Saudi Arabia's Saudi Basic Industries Co ...
Air Products Bags Big Saudi Contract [Industrials Sector and Stock Analysis from Seek ... - 09/22/2009]
Zacks.com submits: Air Products and Chemicals Inc. (APD) strengthened its industrial gases business by tying up with Korean engineering giant Samsung Engineering ...
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