Abdulrahman Al-Fageeh, Chief Executive Officer of Saudi Basic Industries Corp. (SABIC)
Abdulrahman Al-Fageeh, Chief Executive Officer of Saudi Basic Industries Corp. (SABIC), said that the global overcapacity in the petrochemicals industry continued to pressure profit margins and reduce operating rates.
Commenting on SABIC Q3 2025 financial results, Al-Fageeh noted that despite these challenging market conditions, SABIC remained committed to achieving its 2025 strategic priorities, highlighting that the company’s adjusted EBITDA of SAR 4.99 billion demonstrated an operating resilience.
Abdulrahman Al-Fageeh, Chief Executive Officer of Saudi Basic Industries Corp. (SABIC)
Abdulrahman Al-Fageeh, Chief Executive Officer of Saudi Basic Industries Corp. (SABIC), said that the global overcapacity in the petrochemicals industry continued to pressure profit margins and reduce operating rates.
Commenting on SABIC Q3 2025 financial results, Al-Fageeh noted that despite these challenging market conditions, SABIC remained committed to achieving its 2025 strategic priorities, highlighting that the company’s adjusted EBITDA of SAR 4.99 billion demonstrated an operating resilience.
