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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Bandar Musallem

SABIC President to Asharq Al-Awsat: The Ukrainian Crisis has Pushed the Diversification of our Products

Youssef Al-Benyan, Vice Chairman and CEO of SABIC, announces the company’s financial results in the first quarter of 2022. (Asharq Al-Awsat)

Youssef Al-Benyan, Vice Chairman and CEO of SABIC, said that the Russian-Ukrainian war has strengthened the diversification of the company’s products and boosted its financial and economic strength, which was reflected in its performance results in the first quarter of 2022.

In remarks to Asharq Al-Awsat during a press conference on Thursday, Al-Benyan noted that the Russian-Ukrainian crisis had an impact on the prices of energy and some agricultural products, noting that SABIC was not directly affected by the events.

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