SABIC is a global company with its roots and a large part of its business based in the Middle East. It is the largest and most profitable non-oil company in the Middle East and one of the world’s 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 is one of the founders of the Gulf Petrochemicals & Chemicals Association (GPCA).
We are currently involved in massive growth and expansion projects in the area with national and international partners. For more on this please see our News and Publications sections.
To find out how SABIC was created, and how it achieved its current success, please see the Corporate Profile pages. Or, for an idea of our size and capacity, see the Facts and Figures page.
The Chairman of SABIC is His Highness Prince Saud bin Abdullah bin ThenayanAl-Saud. Acting Vice-Chairman and Chief Executive Officer,Yousef Abdullah Al-Benyan, leads the management team , and the company is overseen by a Board of Directors.
Organization and products
SABIC has subsidiaries in four regions: the Middle East and Africa, Asia, the Americas and Europe. SABIC is now composed of strategic business units (SBUs), organized by product. These are: Chemicals, Polymers, Specialties, Agri-Nutrients, and Metals. Each of these is headed by a Vice President. These business units make different kinds of products:
- Plastics – Polymers and Engineering Thermoplastics
The Middle East is one of the main markets for all these products, with Africa an important market for chemicals. For more on the products available in these areas, please see our Products pages.
SABIC also has four corporate departments: Corporate Finance, Corporate Human Resources, Corporate Control, and Research and Technology (R&T). These support the strategic business units. In addition, a Shared Services Organization provides additional support to every part of our business.
In addition to our headquarters and main research center in Riyadh, we have a satellite research station in Al-Jubail, our main industrial base. We also have a major production center in Yanbu in Saudi Arabia, as well as three joint-venture partnerships in Bahrain and one in Turkey. In addition, we have distribution and storage centers in Riyadh, Al-Jubail, Yanbu, Qassim and Jeddah in Saudi Arabia and sales offices in Dubai in the United Arab Emirates, Tehran in Iran and Beirut in the Lebanon. In Africa, we currently have a sales office in Cairo, Egypt, and Rabat, Morocco, and a distribution and storage center in Durban, South Africa. For more on these operations, please see the pages devoted to our manufacturing base.
Because we are constantly looking to the future, we invest heavily in technology and innovation (T&I). SABIC has significant research resources and has 16 dedicated Technology and Innovation and application centers in the Middle East, the Americas, Europe and Asia.