SABIC at a Glance

ABOUT SABIC

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.