INTEGRATED ANNUAL REPORT 2023
CHEMISTRY THAT SHAPES TOMORROW
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 and Prime Minister
We view our first step into integrated reporting as a significant milestone not only because it improves the quality of our disclosures, but also because of its capacity to provoke integrated thinking across our organization.
FROM OUR LEADERSHIP
KHALID AL-DABBAGH
Chairman
Our approach is based on the fundamental understanding that our materials enable our customers’ success: when they grow, we grow. That is why for us, our customers’ success comes first.
ENG. ABDULRAHMAN AL-FAGEEH
Chief Executive Officer
We see it as a calling – our fundamental purpose as a business – to meaningfully contribute to addressing some of the world’s most pressing concerns.
THIS IS SABIC
32,000+
Employees around the world (Inclusive of approx. 3,300 from Hadeed)
THIS IS SABIC
Countries of operation
THIS IS SABIC
Patents and pending applications (Inclusive of 73 from Hadeed)
THIS IS SABIC
One of the highest standalone credit ratings
THIS IS SABIC
Chemical brand value
OUR FIGURES
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REVENUE (SAR in bn)
141.5
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NET INCOME (SAR)
1.3bn
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ASSETS (SAR in bn)
294.48
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PRODUCTION (METRIC TONS)
53.5mn
OUR BUSINESSES
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Chemicals
SABIC’s Chemicals portfolio constitutes the most basic building blocks for a large variety of other chemicals and advanced materials.
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Polymers
SABIC’s Polymers portfolio is organized largely around the automotive, foam/lightweight, and pipe segments within the industry.
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Specialties
SABIC Specialties serves advanced technology spaces, addressing complex thermal, mechanical, optical, and electrical performance needs.
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Agri-Nutrients
SABIC’s Agri-Nutrients portfolio is comprised of a wide variety of products spanning urea, ammonia, and inorganic solutions.
OUR CORE MARKETS
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ELECTRICAL & ELECTRONICS
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HYGIENE & HEALTHCARE
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CONSUMER PRODUCTS
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AUTOMOTIVE
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AGRICULTURE
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BUILDING & CONSTRUCTION
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PACKAGING