Basic Chemical Industries Company, together with its subsidiaries, manufactures and sells various chemicals in the Kingdom of Saudi Arabia. It operates through Chemicals, Polymers, and Adhesives and Other Materials segments. The company offers industrial chemicals, such as hydrochloric acid, ferric chloride, sulfuric acid, caustic soda, chlorine, sodium hypochlorite, etc. for use in various industries; rigid and semi-rigid polyurethane systems for manufacture of various density foams; and hot and cold melt adhesives for use in various industries. It also provides water treatment chemicals, including boiler, cooling water, waste treatment plant, domestic water, reverse osmosis and desalination plant, cleaning, and hydrotest chemicals, as well as provides contract manufacturing services. In addition, the company offers caustic soda flakes, sodium sulphate, and industrial chemicals and solvents. Further, it purchases, formulates, processes, exports, imports, markets, distributes, and acts as an agent for the sale of chemicals. The company serves paints and coatings; oil, gas, and petrochemicals; steel galvanizing; beverage manufacturers, dairy operators, and farmers; and commercial laundry sectors. Basic Chemical Industries Company was incorporated in 1973 and is headquartered in Dammam, the Kingdom of Saudi Arabia.
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
The market has stayed flat over the 7 days. As for last year, the market is down 7.4%. Earnings are forecast to grow by 8.2% annually. Market details ›