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    <title>RSS News Feed for SABIC - from Processingtalk</title>
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    <description>SABIC news releases on Processingtalk</description>
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    <copyright>Copyright (C)2008 Pro-Talk Ltd. All rights reserved.</copyright>
    <pubDate>Fri, 04 Jul 2008 08:00:00 UT</pubDate>
    <lastBuildDate>Fri, 04 Jul 2008 08:00:00 UT</lastBuildDate>
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    <item>
      <title>SABIC and SINOPEC expand co-operation</title>
      <description>During the recent visit of Chinese Vice President Xi Jinping, SABIC and SINOPEC signed a strategic cooperation agreement and agreed to expand the Tianjin industrial complex</description>
      <pubDate>Tue, 24 Jun 2008 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab169.html</link>
    </item>
    <item>
      <title>The fifth Ar-Razi expansion project goes on-stream</title>
      <description>The fifth expansion project at the Saudi Methanol Company (Ar-Razi) in Jubail city went on-stream on 1 May, making this SABIC affiliate the world's largest single chemical methanol production complex</description>
      <pubDate>Mon, 16 Jun 2008 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab168.html</link>
    </item>
    <item>
      <title>SABIC keynote at FT China - Middle East Summit </title>
      <description>Saudi Basic Industries Corporation (SABIC) Vice Chairman and CEO, Mohamed Al-Mady, gave the keynote speech at the Financial Times China-Middle East Summit, held in Riyadh on 5 May</description>
      <pubDate>Fri, 09 May 2008 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab167.html</link>
    </item>
    <item>
      <title>Sabic and Sinopec JV in ethylene derivatives</title>
      <description>This 50:50 JV company will invest in a 1M tonne per year ethylene derivatives complex (600,000tonnes of polyethylene and 400,000tonnes of ethylene glycol) to be set up in Tianjin in China</description>
      <pubDate>Fri, 01 Feb 2008 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab165.html</link>
    </item>
    <item>
      <title>SABIC partners in OSOS petrochemicals project</title>
      <description>A Memorandum of Understanding has been signed, by and between the Saudi Basic Industries Corporation (SABIC) and OSOS Petrochemicals (currently under formation)</description>
      <pubDate>Fri, 18 Jan 2008 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab164.html</link>
    </item>
    <item>
      <title>SABIC dividend and share issue proposed</title>
      <description>SABIC board recommends increase in capital to SAR30billion (USD8billion) and distribution of dividends at SAR2 (USD0.5) per share for the 2nd half of 2007</description>
      <pubDate>Fri, 04 Jan 2008 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab163.html</link>
    </item>
    <item>
      <title>Sabic Chairman opens two new offices in China</title>
      <description>His Highness Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of Sabic (Saudi Basic Industries Corporation), has officially opened two new offices for Sabic in China; in Beijing and Shenzhen</description>
      <pubDate>Fri, 25 May 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab162.html</link>
    </item>
    <item>
      <title>SABIC to acquire GE Plastics for USD11.6Bn</title>
      <description>Saudi Basic Industries Corporation (SABIC) has announced that they have reached agreement with GE for SABIC to acquire the GE Plastics business for a purchase price of USD11.6 billion</description>
      <pubDate>Tue, 22 May 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab161.html</link>
    </item>
    <item>
      <title>Pelletisation project from Outokumpu for Hadeed</title>
      <description>Outokumpu Technology is to supply the Saudi Iron and Steel Company basic engineering services for pelletising iron bearing by-products in Hadeed plant at the Al-Jubail Industrial City</description>
      <pubDate>Mon, 07 May 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab160.html</link>
    </item>
    <item>
      <title>Gas supply investment and expansion</title>
      <description>Sabic affiliate, the National Industrial Gases Company, has signed a new USD400 million Murabaha loan facility with eight local and Gulf banks to finance part of its existing expansion project</description>
      <pubDate>Thu, 26 Apr 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab159.html</link>
    </item>
    <item>
      <title>Moody rates Sabic A1 and stable for long term</title>
      <description>Moody's has assigned a long term foreign and local currency rating 'A1' with a stable outlook to SABIC, citing their worldwide leading market position in petrochemicals, fertilisers and steel products</description>
      <pubDate>Fri, 06 Apr 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab158.html</link>
    </item>
    <item>
      <title>New phosphate minerals production project in Saudi</title>
      <description>Ma'aden and SABIC have entered an agreement opening the way for the two companies to create a strategic joint venture and join a Saudi phosphate minerals project</description>
      <pubDate>Thu, 15 Mar 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab157.html</link>
    </item>
    <item>
      <title>New petrochemical projects for Saudi Kayan</title>
      <description>Saudi Kayan awards two contracts, to Tecnicas Reunidas and Daelim Industrial for the construction of phenolics and polycarbonates projects at the Jubail Industrial City</description>
      <pubDate>Thu, 15 Feb 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab156.html</link>
    </item>
    <item>
      <title>Contracts signed for new PP and LDPE plants</title>
      <description>SABIC affiliate Saudi Kayan has signed contracts for the construction of new Polypropylene and Low Density Polyethylene plants at its complex in the Al-Jubail Industrial City</description>
      <pubDate>Thu, 01 Feb 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab155.html</link>
    </item>
    <item>
      <title>SABIC announces USD 5.4 Billion profit in 2006</title>
      <description>Saudi Basic Industries Corporation (SABIC) reported a record 2006 net profit of SR 20.3 billion (US$5.4 billion) compared to SR 19.2 billion in 2005, an increase of 6%</description>
      <pubDate>Tue, 23 Jan 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab154.html</link>
    </item>
    <item>
      <title>Completion on base chemicals and polymers business</title>
      <description>SABIC has completed the purchase of the Huntsman UK base chemicals and polymers business on 29 December 2006</description>
      <pubDate>Wed, 03 Jan 2007 08:00:00 UT</pubDate>
      <category>SABIC</category>
      <link>http://www.processingtalk.com/news/sab/sab152.html</link>
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