Saudi Basic Industries Corp (Sabic) is expected to post a net profit of SR20.2 billion ($5.4 billion) for 2005, a 41.5% rise from the SR14.25 billion profit the company posted in 2004.
A significant increase in petrochemical prices during Q4 2005, supported by strong demand from Asia and supply disruptions in the US caused by the hurricanes have been the driving factors of this rise
19-Jan-06 
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