SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the company’s shares are owned by Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock exchange. SABIC operates through three Strategic Business Units – Petrochemicals, Agri-Nutrients and Specialties – and one standalone organization, Metals (Hadeed).
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SABIC is a global diversified chemicals company, 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 underwent a business restructuring in October 2015, that saw the absorption of the commodity chemicals produced under the Innovative Plastics SBU into the Chemicals and Polymers SBUs. Along with this, the Specialties SBU was created to house the remainder of the Innovative Plastics products that did not fall under the commodity umbrella and the Innovative Plastics SBU would cease to exist by January 1, 2016. This change follows the reallocation of the Performance Chemicals portfolio into the Chemicals SBU.
On March 27, 2019, SABIC announced that state-owned energy company Saudi Aramco signed a share purchase agreement to acquire a 70% majority stake in SABIC from the Public Investment Fund of Saudi Arabia in a private transaction worth $69.1 billion.
SABIC reported $45.1 billion in revenues and $5.7 billion in profits for the 2018-2019 FY, ranking it in fourth place among chemical companies.
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POLYMERS
SABIC’s polymer portfolio is organized largely around the automotive, foam/lightweight and pipe segments, helping find the right alternatives to replace traditional materials – wood, cotton or glass – used in a vast array of consumer and industrial products.
Learn moreChemicals
SABIC makes the essential chemical building blocks for a wide range of advanced chemicals, plastics and materials used in everyday life around the world. Its family include aromatics, chlor-alkali, ethoxylates, Ethanolamines and many more.
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Agri-Nutrients
SABIC is a significant player in the fertilizers industry. It supplies customers throughout the Middle East, Far East, Africa, and the US with a wide variety of agri-nutrient products, from general to highly specific, helping address the world’s ever-growing demand for food.
Learn moreMetals
SABIC’s metal products are supplied under the SABIC brand through Hadeed, a fully-owned manufacturing affiliate of the company. As a leader in the Gulf region for steel production and manufacturing, SABIC produces high-quality metals and has played a vital role in the construction and industrialization of some of the world’s fastest-growing economies.
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Specialties
SABIC’s Specialties business produces highly differentiated products which include specialty engineering thermoplastic resins and compounds, composites, thermosets & additives, and additive manufacturing solutions.
Learn morePOLYMERS
SABIC’s polymer portfolio is organized largely around the automotive, foam/lightweight and pipe segments, helping find the right alternatives to replace traditional materials – wood, cotton or glass – used in a vast array of consumer and industrial products.
Chemicals
SABIC makes the essential chemical building blocks for a wide range of advanced chemicals, plastics and materials used in everyday life around the world. Its family include aromatics, chlor-alkali, ethoxylates, Ethanolamines and many more.
Agri-Nutrients
SABIC is a significant player in the fertilizers industry. It supplies customers throughout the Middle East, Far East, Africa, and the US with a wide variety of agri-nutrient products, from general to highly specific, helping address the world’s ever-growing demand for food. The product range includes urea, ammonia, and a comprehensive portfolio of nitrogen-based inorganic products. It is a global leader in the fertilizers industry. It supplies a comprehensive portfolio of nitrogen-based inorganic products, helping solve the world’s food supply challenges, with a leading position in the Middle East, Far East, Africa, and the Americas.
Metals
SABIC’s metal products are supplied under the SABIC brand through Hadeed, a fully-owned manufacturing affiliate of the company. As a leader in the Gulf region for steel production and manufacturing, SABIC produces high-quality metals and has played a vital role in the construction and industrialization of some of the world’s fastest-growing economies. It offers a broad range of hot-rolled and cold-rolled flat products in the form of both Coils and Slit Coils. It also offers a broad range of Long products in the form of concrete reinforcing bars (rebars), wire rod coils, light sections, and steel billets.
Specialties
SABIC’s Specialties business produces highly differentiated products which include specialty engineering thermoplastic resins and compounds, composites, thermosets & additives, and additive manufacturing solutions. Offering a distinct set of multi-function physical properties to serve a wide range of industries, the branded portfolio includes ULTEM™ resins and films, LNP™ compounds, NORYL™ resins, LEXAN™ copolymers and EXTEM™ resins. SABIC also offers extensive material processing expertise, leveraging its product engineers and global application technology development centres.
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SABIC Corporate Film...
Since SABIC’s founding, its employees have exhibited a remarkable ability to do what others said couldn’t be done. Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the Company’s shares are owned by the Saudi Arabia...
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Since SABIC’s founding, its employees have exhibited a remarkable ability to do what others said couldn’t be done. Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the Company’s shares are owned by the Saudi Arabian government, with the remaining 30% held by private investors in Saudi Arabia and other countries of the Gulf Cooperation Council. SABIC began in 1976 by Royal decree and its growth has been nothing short of miraculous. Today, the company has operations in over 50 countries with a global workforce of over 40,000 talented individuals.
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