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SABIC

Annual Report 2019

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Home > Reports > Annual Report 2019 > Overview

At a glance

Headquartered in Riyadh, Saudi Arabia, SABIC employs more than 33,000 people in around 50 countries, working together to make the building blocks of the modern world ever better, ever more efficiently, and ever more sustainably.

Insights Chairman

Our strategy is geared towards stable and long-term growth, and enables us to remain resilient to the headwinds.

DR. ABDULAZIZ SALEH ALJARBOU, SABIC CHAIRMAN
YOUSEF ABDULLAH AL-BENYAN, SABIC CEO AND VICE-CHAIRMAN

Insights Vice-chairman and CEO

We posted a net income of SAR 5.6 billion in 2019, sales of SAR 139.7 billion, while production reached 72.6 million metric tons.

Core Values

Our values serve as the foundation of our organization and culture.

SABIC flags
SABIC office building

Strategy

SABIC’s strategy sets forth a roadmap for the company to realize its vision of becoming the preferred world leader in chemicals.

Business Model

SABIC operates through three strategic business units (SBUs) and Metals (Hadeed).

Three SABIC employees talking
Three SABIC employees talking

Saudi Vision 2030

SABIC remains committed to being a key enabler of Saudi Vision 2030.

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