INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

SABIC signs pact with Aramco, PKN ORLEN

SABIC operates in the petrochemical, fertilizer, iron, steel and aluminum industries.
  • The agreement laid the first cornerstones towards a potential partnership with Aramco and PKN ORLEN in petrochemical production, said SABIC acting CEO.
  • In August, Aramco and SABIC Agro-Nutrients Company obtained the world's first independent certifications recognizing the production of blue hydrogen and blue ammonia.

Riyadh, Saudi Arabia— SABIC, one of the world’s leading diversified chemicals company, has signed a joint development agreement with Saudi Aramco and PKN ORLEN, the largest energy group in Poland, to jointly assess the technical and economic feasibility of establishing a petrochemical production project in Gdańsk, in Poland.

Acting CEO of SABIC, Eng. Abdulrahman bin Saleh Al-Fageeh said the company’s position and global presence in the chemicals sector contributed to providing innovative solutions that focus on customers in Europe and the world, adding that the joint development agreement laid the first cornerstones towards a potential partnership with Aramco and PKN ORLEN in petrochemical production.

In August, Aramco and SABIC Agro-Nutrients Company obtained the world’s first independent certifications recognizing the production of blue hydrogen and blue ammonia.

TUV Rheinland, a system testing, inspection and certification services provider based in Germany, awarded these certifications to SABIC Agri-Nutrients Company in Jubail, for its production of 37,800 tons of blue ammonia, and to Saudi Aramco Jubail Refinery Company.

SASREF, a wholly owned subsidiary of Saudi Aramco, produced 8,075 tons of blue hydrogen.