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    <title>Sabic affilate Hadeed signs agreement with Danieli for construction of new steel plant</title>
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    <pubDate>Mon, 16 Nov 2009 09:59:19 +0400</pubDate>
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        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 line for galvanizing long products in Jubail, Saudi Arabia.
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    <title>Sabic, Sinopec celebrate 3.2 million-ton petrochemical complex at Tianjin, China</title>
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    <pubDate>Wed, 04 Nov 2009 10:24:35 +0400</pubDate>
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        Saudi Basic Industries Corporation (Sabic) and China Petroleum and Chemical Corporation (Sinopec) celebrated partnership in their new petrochemical complex at Tianjin, China. The two companies formed Sinopec Sabic Tianjin Petrochemical Co., Ltd, last year as a 50/50 joint-venture to build and operate the new facility.
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    <title>Sabic reports preliminary consolidated financial results for the period ended September 30, 2009</title>
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    <pubDate>Mon, 19 Oct 2009 09:55:25 +0400</pubDate>
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        The net income for the third quarter 2009 was SR3.6bn, compared to net income of SR7.2bn in the same period last year, a decline of 50% and compared to SR1.8bn for the previous quarter, a rise of 100%.
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    <title>Sabic affiliate Yansab makes first ethylene glycol shipment</title>
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    <pubDate>Thu, 17 Sep 2009 17:25:00 +0400</pubDate>
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        Saudi Basic Industries Corporation (Sabic) affiliate, Yanbu National Petrochemical Company (Yansab), announced its first shipment of ethylene glycol (EG) from its EG plant in Yanbu Industrial City.
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    <title>Sabic and Mitsubishi Rayon sign LoI for joint venture in KSA</title>
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    <pubDate>Mon, 10 Aug 2009 15:52:37 +0400</pubDate>
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        Saudi Basic Industries Corporation (Sabic) and Mitsubishi Rayon Company Ltd (MRC) signed a Letter of Intent (LoI) on August 10, 2009, to establish a 50/50 joint venture in the Kingdom of Saudi Arabia. 
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