-+ 0.00%
-+ 0.00%
-+ 0.00%

Sabic Unit Gets Energy Ministry Approval for Feedstock Allocation

MT Newswires·09/06/2026 04:25:03
Listen to the news
04:25 AM EDT, 09/06/2026 (MT Newswires) -- Saudi Basic Industries (SASE:2010), d/b/a Sabic, on Sunday said its subsidiary got approval from the Ministry of Energy for the feedstock required to build a methanol production facility in Jubail, Saudi Arabia. The Tadawul-listed petrochemicals manufacturer's unit is Saudi Methanol Co., d/b/a Ar-Razi. The plant will have an annual capacity of 1.8 million tons.