Saudi Basic Industries Corp - Company Profile
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Saudi Basic Industries Corp (SABIC), a subsidiary of Saudi Arabian Oil Co, manufactures and markets fertilizers, chemicals and metals. Geographical Presence, robust production capabilities and global supply chain are its strengths, even as increasing cost efficiency could be a cause for concern. Nevertheless, strategic growth initiatives, contracts and agreements, and global capacity expansion plans of the Ethylene industry could present adequate growth opportunities to SABIC. However, intense competition, stringent regulations and fluctuations in foreign currency exchange rates could affect its operations.
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