83 Days
Source:
الاقتصادية
Sabic CEO: Supply chains adapted to trade shifts
Saudi Arabian SABIC, a leading producer of basic industries, announces the success of its supply chain in adapting to global commercial changes during the second quarter of 2026, despite geopolitical challenges and rising energy prices. Polymer shipments from the East to the West more than doubled the usual rates, while maintaining reliable customer services through collaborations with partners and the use of new express shipping services. The company also continued developing its commercial products, launching 32 new solutions in the first half of the year, and signed a memorandum of understanding with "SIR" to develop a supply chain for the electric vehicle industry. Additionally, strategic milestones were achieved, such as reaching a production of one million tons of methyl tertiary butyl ether (MTBE) in Saudi Arabia, as well as ongoing expansion projects, including the SABIC Fujian Complex in China, expected to commence operations in the last quarter of 2026, to strengthen its presence in global markets.
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