SABIC starts Fujian trial runs. SABIC stock faces October 26 results

Published on 10/19/2026 at 09:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Fujian joint venture began trial production on October 19, 2026. SABIC stock faces Q3 results on October 26 after SAR 24.8 billion revenue.

Fujian project and earnings dates

SABIC began trial production in Fujian on October 19, 2026.
Second-quarter revenue reached SAR 24.8 billion, while the quarter ended with a SAR 75.8 million net loss.
SABIC's market capitalization stood at SAR 136.5 billion on October 19, 2026.

SABIC, SA0007879121, Illustration mit AI erstellt.

SABIC (ISIN SA0007879121) started trial production at new polypropylene and polyethylene units in Fujian on October 19, 2026, according to CommoPlast. The development brings a major China project closer to commercial operation, while the next earnings report is scheduled for October 26, 2026.

Fujian adds large-scale capacity

The Fujian China-Saudi project is built around 1.8 million tonnes of annual ethylene capacity and includes 400,000 tonnes of high-density polyethylene, 600,000 tonnes of linear low-density polyethylene, 950,000 tonnes of polypropylene and 290,000 tonnes of polycarbonate capacity. ECHEMI reported on October 13, 2026, that SABIC holds 51 percent of the joint venture and Fujian Fuhua Gulei Petrochemical holds 49 percent.

The investment case still depends on earnings recovery. Simply Wall St said on October 7, 2026, that its fair value estimate fell from SAR 59.46 to SAR 58.16. The change reflected lower revenue-growth assumptions of 6.75 percent instead of 8.34 percent and a lower future P/E assumption of 23.95 instead of 36.11.

Three recent operating signals

On October 7, 2026, the fair value estimate was cut to SAR 58.16 from SAR 59.46. On October 11, 2026, Argaam reported an SNB Capital forecast for a SAR 414 million third-quarter loss. On October 19, 2026, the Fujian units entered trial production.

What comes next for earnings

Simply Wall St lists October 26, 2026, as SABIC's next reporting date. ChemNet reported on October 13, 2026, that the Fujian complex is scheduled to enter official operation in November 2026, with SABIC Industrial Investment Company holding 51 percent of the project.

Saudi shares remain below the yearly high

On Tadawul, SABIC was at SAR 45.50 on October 19, 2026, at 10:39 a.m. AST. The quote stood 27.20 percent below the SAR 62.50 52-week high, while the market capitalization was SAR 136.5 billion on the same date. The figures leave the October 26 earnings release as the next test for whether the Fujian expansion can offset weak near-term profitability.