ANNUAL REPORT 2020
TOWARD A VIBRANT FUTURE
KING SALMAN BIN ABDULAZIZ AL SAUD
The Custodian of the Two Holy Mosques
HIS ROYAL HIGHNESS
PRINCE MOHAMMED BIN SALMAN BIN ABDULAZIZ AL SAUD
Crown Prince, Deputy Premier and Minister of Defense
We know that whatever comes our way, our vision, our values and our sheer resilience will continue to power the ongoing transformation of everything we do and the ways that we do it, to help make tomorrow better than today.
INSIGHTS FROM LEADERSHIP
KHALID HASHIM AL-DABBAGH
Chairman
The challenging business environment of 2020 reduced demand and compressed margins for our core products. This was a direct result of the unprecedented impact of the COVID-19 pandemic on our industry.
INSIGHTS FROM LEADERSHIP
YOUSEF ABDULLAH AL-BENYAN
Vice-Chairman and Chief Executive Officer
2020 has been an unprecedented year that demonstrated the strengths of SABIC’s business model and presented the opportunity to advance our plans for the future.
THIS IS SABIC
32,000+
employees around the world
THIS IS SABIC
countries of operation
THIS IS SABIC
patent portfolio
THIS IS SABIC
One of the highest standalone credit ratings
THIS IS SABIC
chemical brand value
OUR FIGURES
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NET INCOME (SAR)
67mln
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ASSETS (SAR)
295bln
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SALES (SAR)
117bln
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PRODUCTION (METRIC TONS)
60.8mln
OUR BUSINESS
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PETROCHEMICALS
SABIC makes the essential chemical building blocks for materials used in everything from packaging to healthcare to household goods
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AGRI-NUTRIENTS
SABIC’s supplies to customers throughout the Middle East, Asia, Africa and the Americas help meet the world’s ever-growing need for food.
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SPECIALTIES
SABIC produces a wide range of specialty materials, from engineering thermoplastic resins to additive manufacturing solutions.
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METALS
SABIC’s high quality metals have been key to the construction and industrialization of some of the world’s fastest growing economies.
OUR CORE MARKETS
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CLEAN ENERGY
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MEDICAL DEVICES
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PACKAGING
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CONSTRUCTION
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TRANSPORTATION
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ELECTRICAL AND ELECTRONICS
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AGRI-NUTRIENTS