Information about SABIC

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Information about SABIC

SABIC has managed to become one of the best petrochemical companies in the Arab world and the Middle East.
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Many investors are thinking about buying SABIC Saudi stock, which is one of the best stocks for daily trading and speculation, and many believe that it is preparing for growth with the company's expansion trend.

The company is an umbrella for 8 Saudi companies operating in the petrochemical sector. It covers the Gulf market and supplies it with sufficient petrochemicals, and then reaches global markets, especially Europe and Asia. Sipchem is constantly looking for opportunities for growth, renewal and innovation to achieve sustainable growth.

In the second half of 2006, Sipchem started building the Acetyls Project Complex, which consists of three plants: Acetic Acid Plant with a capacity of 460,000 tons per year, Vinyl Acetate Monomer Plant with a capacity of 330,000 tons per year, and Carbon Monoxide Plant with a capacity of 345,000 tons per year.