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Company Analysis for saudi basic industries corporation SABIC - Research Paper Example

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Company Analysis for saudi basic industries corporation SABIC

It offers its products and services all over the world. The regional sites are the Middle East and Africa, Asia, America an Europe.
SABIC is the largest and most profitable non-oil producing company in the middlie east. It is ranked in the fifth position largest world petrochemical manufacturer. It is committed to satisfying its customers through achieving individual initiatives. This is enhanced through adherence of strict safety and environmental policies. The high investment in technology and innovation facilitates the ongoing development.
The management is committed in running the business and achieveing sustainability through providing services and products that meet stakeholder’s expectations as well as conduct business with respect and care for the environment. Regulations are followed at all times and they apply practical means to conserve resources and reduce waste, avoid pollution in order to minimize risks involved in their operaions. Quality of products and services is maintained at all times.
SABIC is in the petrochemical industries and is the five largest in the world. The company has had strict safety and environmental responsibility. It has incorporated sustainability in its day to day business activities. Its reports are integrated clear showing the environmental and social impact of the company in the various regions. This is through reducing waste, preventing pollution, catering for customers needs. The company has 33,000 employees for the last four years in 40 countries. Its culture is to cater for the ever growing needs of the customers. This responsibility has opened up avenues for innovations and technological advances. The T & I facilities are found all over the world with highly talented expects and scientists who are devoted in bring new patents and certifications. The company is always focused in to the future thus technology is heavily invested into. The ...Show more
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On the other hand, the price earnings has declined for the three years. Therefor the estimate is 11.07 for earnings per share and a reduction of 1.88 for P/E ratio giving an estimate of 8.0. The share…
Company Analysis for saudi basic industries corporation SABIC
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