WRAPUP-Oil slide slashes Q1 profit, not investment plans at Saudi's SABIC
April 19, 2015 at 08:01 AM EDT
RIYADH, April 19 (Reuters) - Saudi Basic Industries Corp faces heavy pressure on its profits due to cheap oil but will keep investing globally to boost capacity in key areas, its acting chief executive said on Sunday after the company reported a 39 plunge in first-quarter profit.