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<item><link>http://www.alacrastore.com/research/moodys-global-credit-research-Saudi_Basic_Industries_Corporation-COP_820019212</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_820019212</moodys:docid><guid isPermaLink="false">moodys/COP_820019212</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>27 Nov 2009 01:26:20 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Saudi Basic Industries Corporation</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Saudi Basic Industries Corporation</moodys:issuer_list><moodys:moodys_org_id xmlns:moodys="http://www.alacra.com/moodys">820019212</moodys:moodys_org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820019212</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">26 Nov 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Credit Opinion</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Saudi Basic Industries Corporation</title><description>Global Credit Research Credit Opinion ## NOV ####   Credit Opinion: Saudi Basic Industries Corporation Saudi Basic Industries Corporation Riyadh, Saudi Arabia Ratings Category Moody's Rating Outlook Positive Issuer Rating A# SABIC Innovative...</description><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820019212</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820019228</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820367558</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820425118</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820425122</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820425123</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820522787</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">821406434</moodys:index_entry_child_id><moodys:index_entry_country xmlns:moodys="http://www.alacra.com/moodys">SAUDI ARABIA</moodys:index_entry_country><moodys:index_entry_industry xmlns:moodys="http://www.alacra.com/moodys">INDUSTRIAL</moodys:index_entry_industry><moodys:index_entry_industry xmlns:moodys="http://www.alacra.com/moodys">INDUSTRIAL</moodys:index_entry_industry><moodys:index_entry_ultparent_id xmlns:moodys="http://www.alacra.com/moodys">820019212</moodys:index_entry_ultparent_id><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/moodys-global-credit-research-Moody_s_affirms_SABIC_A1_rating-PR_191027_821406434</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_191027_821406434</moodys:docid><guid isPermaLink="false">moodys/PR_191027_821406434</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>26 Nov 2009 01:15:45 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">SABIC Capital I B.V.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Saudi Basic Industries Corporation</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">SABIC Capital I B.V.; Saudi Basic Industries Corporation</moodys:issuer_list><moodys:moodys_org_id xmlns:moodys="http://www.alacra.com/moodys">821406434</moodys:moodys_org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820019212</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">821406434</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">25 Nov 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's affirms SABIC A1 rating</title><description>Global Credit Research Announcement ## NOV ####   Announcement: SABIC Capital I B.V. Moody's affirms SABIC A# rating London, ## November #### -- Moody's Investors Services has today affirmed the A# senior unsecured ratings of Saudi Basic...</description><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820019212</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820019228</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820367558</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820425118</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820425122</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820425123</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">820522787</moodys:index_entry_child_id><moodys:index_entry_child_id xmlns:moodys="http://www.alacra.com/moodys">821406434</moodys:index_entry_child_id><moodys:index_entry_country xmlns:moodys="http://www.alacra.com/moodys">NETHERLANDS</moodys:index_entry_country><moodys:index_entry_country xmlns:moodys="http://www.alacra.com/moodys">SAUDI ARABIA</moodys:index_entry_country><moodys:index_entry_industry xmlns:moodys="http://www.alacra.com/moodys">INDUSTRIAL</moodys:index_entry_industry><moodys:index_entry_ultparent_id xmlns:moodys="http://www.alacra.com/moodys">820019212</moodys:index_entry_ultparent_id><category>Credit &amp; 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execution of projects necessary to supply the Company with its raw material requirements and the marketing of industrial products inside and outside Saudi Arabia.</description><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item><item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Summary_Saudi_Basic_Industries_Corp-745749</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">745749</spcred:docid><guid isPermaLink="false">spcred/745749</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>10 Sep 2009 08:17:35 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: Saudi Basic Industries Corp.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><description>The latest Summary from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Saudi Arabia</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Commodity Chemicals</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">SAU</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">15101010 151010 1510 15</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Saudi Basic Industries Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">391570</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SABIC@AB</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Chemicals</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><category>Credit &amp; 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Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/433766_report_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">433766_report_frame</fitch:docid><guid isPermaLink="false">fitch/433766_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Saudi Basic Industries Corporation (SABIC)</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82291694</fitch:companyid><pubDate>22 Apr 2009 10:19:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031100</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">425</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Full Rating Report</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">2010</fitch:ticker><title>Saudi Basic Industries Corporation (SABIC)</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. 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'A+/A-1' Ratings Affirmed On Low Cost Position; Outlook Stable</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">697548</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Saudi Arabia</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Diversified Chemicals</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Chemicals</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On Jan. 22, 2009, Standard&amp;Poor's Ratings Services affirmed its 'A+' long-term and 'A-1' short-term corporate credit ratings on Saudi Arabia-based petrochemicals producer Saudi Basic Industries Corp. (SABIC). The outlook is stable. The affirmation reflects SABIC's solid balance sheet, strong cost position in the industry, and still sound profitability despite a material decline in the fourth quarter of 2008. It also reflects our expectations that the company might benefit from shareholder support in a continuously weak operating environment. According to preliminary results, SABIC's 2008 operating profits declined 60%, excluding exceptional items (84% including the exceptional items). 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'A+/A-1' Ratings Affirmed On Low Cost Position; Outlook Stable</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">697547</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Saudi Arabia</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Diversified Chemicals</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Chemicals</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">FRANKFURT (Standard&amp;Poor's) Jan. 22, 2009--Standard&amp;Poor's Ratings Services said today it affirmed its 'A+' long-term and 'A-1' short-term corporate credit ratings on Saudi Arabia-based petrochemicals producer Saudi Basic Industries Corp. (SABIC). The outlook is stable. "The affirmation reflects SABIC's solid balance sheet, strong cost position in the industry, and still sound profitability despite a material decline in the fourth quarter of 2008," said Standard&amp;Poor's credit analyst Tobias Mock. "It also reflects our expectations that the company might benefit from shareholder support in a continuously weak operating environment." According to preliminary results, SABIC's 2008 operating profits declined 60%, excluding exceptional items (84% including the exceptional items). This substantial decline reflects a combination of several factors in</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">SAU</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">15101020 151010 1510 15</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Saudi Basic Industries Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">391570</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SABIC@AB</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Chemicals</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/455817_pr_frame</link><guid isPermaLink="false">fitch/455817_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">455817_pr_frame</fitch:docid><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Government of Saudi Arabia</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82291694</fitch:companyid><pubDate>13 Jan 2009 10:14:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031100</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">2010</fitch:ticker><title>Fitch Rates SABIC and SABIC Capital I B.V.'s Guaranteed Bonds Senior Unsecured 'A+'</title><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/454278_pr_frame</link><guid isPermaLink="false">fitch/454278_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Saudi Basic Industries Corporation (SABIC)</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82291694</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83942865</fitch:companyid><pubDate>23 Dec 2008 10:14:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01000000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031100</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">2010</fitch:ticker><title>Fitch Affirms and Withdraws SABIC Europe B.V.'s Ratings After Bond Exchange</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">454278_pr_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PBC_112923</link><guid isPermaLink="false">moodys/PBC_112923</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">pdf</moodys:index_mode><description>...Saudi Basic Industries Corporation (SABIC, rated A#, pos itive outlook),  headquartered in Ri yadh, Kingdom of Saudi Arabi a (KSA, rated A#, positive  outlook), is a diversified industrial conglom erate, principally active in chemicals,  fertilisers, plastics and metals. With consolidated revenues of SAR###.# billion  (US$##.# billion) in ####, SABIC is the  largest non-oil industrial company in the  Middle East. The group, which is ##%-owned  by the government of the KSA, ranks  amongst the ## largest petrochemical co mpanies, through a number of affiliates  and joint ventures, some of which are in  cooperation with other global industry  leaders such as ExxonMobil, Shell and Mitsubishi Corp. In total, SABIC operates  over ## manufacturing sites and employs more than ##,### staff worldwide,  serving customers in more than ### countries.  ...

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