SABIC at a Glance
SABIC is a global leader in diversified chemicals headquartered in Riyadh, Saudi Arabia. It manufactures on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.
It operates through three Strategic Business Units – Petrochemicals, Agri-Nutrients and Specialties – and one standalone organization, Metals (Hadeed).
SABIC supports its customers by identifying and developing opportunities in key end markets such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.
The company recorded a net profit of US$ 17.8 million in 2020. Sales revenues for 2020 totaled US$ 31 billion while total assets stood at US$ 78.7 billion. Production in 2020 was 60.8 million metric tons. It has more than 32,000 employees worldwide and operates in around 50 countries.
Fostering innovation and a spirit of ingenuity, SABIC has 9,946 global patent filings, and has significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.
Saudi Aramco owns 70 percent of SABIC shares with the remaining 30 percent publicly traded on the Saudi stock exchange.
SABIC IS A GLOBAL LEADER IN
|Mono-ethylene glycol||Polyether imide||Polyethylene|
|Engineering plastics and its compounding|
- Metals (Hadeed)
TECHNOLOGY AND INNOVATION
We believe innovation is the key to help our customers improve and grow their business. With over 9,946 global patents in 2020, we introduce over 150 new products annually.