SearchStrategic Projects
We pursue global and local initiatives that align with strategic objectives, feasibility, and commercial viability.
IN FOCUS
|
|
||
|---|---|---|
| SABIC-Fujian project (China) | In January 2024, SABIC announced the final investment decision for the SABIC Fujian Petrochemical Complex (Sino-Saudi Gulei Ethylene Complex Project) in Fujian province, China. This is SABIC’s largest investment in China and the largest foreign investment in Fujian. The complex will feature a mixed-feed steam cracker with an annual ethylene capacity of up to 1.8 million tons, supported by a series of world-class downstream facilities, including ethylene glycol (EG), polyethylene (PE), polypropylene (PP), polycarbonate (PC), and several other units. The SABIC Fujian project continues to progress, maintaining an exceptional safety record with 34 million incident-free manhours and remains on schedule for start-up in the second half of 2026. | |
| MTBE plant at Petrokemya (Saudi Arabia) | SABIC successfully completed the MTBE project, replacing the existing Petrokemya isobutane dehydrogenation unit with a new SABIC-licensed dehydrogenation unit capable of producing 1 million tonnes of MTBE annually. Mechanical completion was finalized in August 2025, followed by a successful start-up in October, supporting our expansions to enhance specialty fuel additives capacity and improve downstream integration. | |
| Divestment of SABIC’s European Petrochemicals (EP) business (Europe) | SABIC announced the divestment of 100% of the shares in SABIC Europe B.V. (comprising its European petrochemicals business and assets) to AEQUITA, an established operator in the European industrial sector. The deal closing is expected in Q4 2026, subject to the necessary regulatory and works-council approvals. | |
| Divestment of SABIC’s Engineering Thermoplastics (ETP) Business (Americas and Europe) | SABIC announced the further optimization of its portfolio through the divestment of 100% of its Engineering Thermoplastics (ETP) business in the Americas and Europe to Mutares SE & Co KGaA. The deal closing is expected in Q3 2026, subject to the necessary regulatory and works-council approvals. |
Read more about our future projects around growth, sustainability, and strategic portfolio optimization.