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SABIC’s Fujian complex on track for Q4 startup, says CEO

RIYADH: SABIC’s largest investment in China, the Fujian petrochemical complex, is on track for startup in the fourth quarter of 2026 after three plants completed trial runs, the company’s CEO said. The Saudi petrochemicals giant also reaffirmed that its transformation program is on course to deliver $3 billion in recurring annual earnings before interest, taxes, depreciation and amortization improvements by 2030, having already achieved $950 million year to date, management told analysts during