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Chemical Week Magazine :: Newsbriefs

Sabic Reports Lower Fourth-Quarter Profits

7:23 AM MST | January 20, 2012

Al Mady: Next year will be better. Sabic reported a 10% drop in net profits for the fourth quarter of 2011, to SR5.24 billion ($1.4 billion), on sales 15% higher, at SR47 billion. Speaking at a recent press conference, Sabic CEO Mohamed Al Mady said 2011...

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