SABIC, a global leader in diversified chemicals, today reaffirmed its advocacy for sustainable growth through innovation and collaboration at the Boao Forum for Asia (BFA)'s Annual Conference 2025. Marking its sixth consecutive year as BFA's honorary strategic partner, SABIC underscored its commitment to fostering cross-industry synergies and cross-regional collaboration to unlock sustainable growth with key stakeholders across the value chain.
Abdulrahman Al-Fageeh, SABIC CEO and member of the BFA Board of Directors, delivered a keynote speech at the event's opening plenary. As the sole representative of the global business community, he highlighted the chemical industry's unique role in supporting global economic growth.
"Companies that embrace innovation and strengthen collaboration can transform the challenges of the changing world into the opportunities of sustainable economic growth", said Al-Fageeh. He also highlighted the importance of cross-regional and cross-value chain partnerships in scaling up innovative solutions with lasting impact.
During the BFA Annual Conference 2025, Al-Fageeh also joined business representatives, organization leaders, and industry experts in a high-level roundtable on Promoting Energy Transition in Asia. He emphasized not only the chemical industry's pivotal role in fostering cross-industry innovation to accelerate the transition, but also the necessity of cross-regional collaboration to unlock broader economic growth.
With its continued investment in China, one of its important and strategic markets, SABIC also underscores its belief that cross-regional collaboration with customers and partners lays the foundation for sustainable economic growth in this changing world. In 2024, SABIC started construction of a 44.8-billion-yuan world-scale petrochemical complex and signed a potential investment agreement to build an engineering thermoplastics compounding plant in Fujian, China.
Attachments
Original document
Permalink
Disclaimer
SABIC - Saudi Basic Industries Corporation SJSC published this content on March 27, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 28, 2025 at 05:08:01.915.
Saudi Basic Industries Corporation SJSC is a Saudi Arabia-based company, which is engaged, together with its subsidiaries, in the manufacturing, marketing and distribution of chemical, agri-nutrient and metal products in global markets. The Company operates under the following business segments: The Chemicals segment, which includes chemicals, polymers and plastic products; the Agri-Nutrients segment, which consists of fertilizer products; the Metals segment, which consists of steel products, as well as the Corporate segment, which includes the corporate operations, technology and innovation centers, investment activities and SABIC Industrial Investments Company (SIIC). The Company’s subsidiaries include: Saudi European Petrochemical Co, Arabian Petrochemical Co and Fiber Reinforced Thermoplastics BV, among others.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
