Saudi Basic Industries Corporation - SABIC

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SABIC, the Saudi Basic Industries Corporation, was established in 1976 to add value to Saudi Arabia's natural hydrocarbon resources. SABIC is the largest and most profitable non-oil company in the Middle East and one of the world’s10 largest petrochemicals manufacturers. It is a public company based in Riyadh: the Saudi Arabian government owns 70% of its shares, and the remaining 30% are held by private investors in Saudi Arabia and other countries of the Gulf Cooperation Council. SABIC has four corporate departments: Corporate Finance, Corporate Human Resources, Corporate Control, and Research and Technology (R&T).

 Products/Services overview

SABIC's businesses are grouped into six strategic business units (SBUs), organized by product. These are: Basic Chemicals, Intermediates, Polymers, Specialized Products, Fertilizers, and Metals. These six business units make four different kinds of products: Chemicals – Basic Chemicals, Intermediates and Specialized Products (three SBUs), Plastics – Polymers (one SBU), Fertilizers (one SBU) and Metals (one SBU) six strategic business units, supported by corportate departments and a Shared Services organization. SABIC's manufacturing network in Saudi Arabia consists of 17 affiliates. Most of these are based in the Al-Jubail Industrial City on the Arabian Gulf.


 Associated Articles

SABIC Announces Appointment of Mr. Abdulrahman Al-Fageeh as Chief Executive Officer
SABIC Announces Strategic Catalysts Project as Part of Shareek Program
SABIC Announces 2022 Annual Results
SABIC Joins Global Together For Sustainability Initiative
SABIC Highlights Energy Efficiency Initiatives to Advance Transition to Carbon Neutrality
more articles »
Gulf Oil and Gas
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