“In the coming weeks, we’ll continue to run further tests and gather the necessary data. I’m really looking forward to showing it in public for the first time, which we’ll be announcing more on shortly,” the E1 CEO, Rodi Basso, said.
Earlier in the year, Riyadh-based SABIC posted a massive increase in annual profit of 32,800 percent, to SR23 billion. This was coupled with over a 49 percent jump in revenues to SR175 billion in the same period.