Sabic reports higher sales and profit, says US shale unlikely to make impact for some time

12:53 PM | July 20, 2014 | Natasha Alperowicz

Sabic today reported second-quarter net profit increased 7%, to 6.46 billion Saudi riyals ($1.72 billion), with operating profit rising 1%, to SR10.07 billion. Sales were up 7% to SR48.15 billion...