SABIC at a Glance
ABOUT SABIC
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 and agri-nutrients.
SABIC supports its customers by identifying and developing opportunities in key end-use applications such as Mobility, Hygiene & Healthcare, Electrical & Electronics, Packaging, Agriculture, Consumer Products, and Building & Construction.
SABIC recorded a net income of SAR 1.3 billion (US$ 0.35 billion) in 2023. Sales revenues for 2023 totaled SAR 141.5 billion (US$ 37.7 billion). Total assets stood at SAR 294.4 billion (US$ 78.5billion) at the end of 2023. Production in 2023 stood at 53.5 million metric tons..
The company has close to 31,000 employees worldwide, serving customers in more than 140 countries. Fostering innovation and a spirit of ingenuity, SABIC has nearly 11,000 patents and pending applications, 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 |
MTBE | Granular urea | Polypropylene |
Polycarbonate | Methanol | Polybutylene terephthalate |
Engineering plastics and its compounding |
STRATEGIC BUSINESS UNITS
TECHNOLOGY AND INNOVATION
We believe innovation is the key to help our customers improve and grow their business. With 11,070 global patents and pending applications in 2023, we introduce over 150 new products annually.