DIGITALIZATION

The rapid development of emerging digital technologies is impacting the global petrochemicals industry, heightening the importance of swift digital adoption. We recognize the potential of digitalization and the power that lies in its tools―such as leveraging big data, machine learning, and artificial intelligence (AI) solutions―to drive efficiencies on business processes and the value chain and de-risk SABIC against upcoming digital disruptions that might affect the industry.

The success of SABIC’s digitalization efforts is monitored frequently through multiple governing bodies at different levels within the organization, chaired at the highest level by SABIC’s CEO. This success is measured through multiple metrics, including the value generated to the organization and the level of adoption and utilization of digital solutions by the business units. Another important metric is SABIC’s digital maturity, which assesses the company’s digital maturity compared to the industry.

As part of the efforts to improve digital awareness among employees, we are proud of our permanent exhibition space, “the Digital Experience Center”, to spread understanding of the importance of digitalization to the chemical industry.

DRIVING PERFORMANCE ON EMISSIONS REDUCTION THROUGH DIGITALIZATION

Since the launch of the SABIC digitalization strategy, the concepts of energy efficiency, operational footprint, and greenhouse gas (GHG) emissions reduction have been essential cornerstones, allowing us to identify various dimensions in which digitalization can contribute to sustainability:

• Efficiency and optimization: SABIC is deploying artificial intelligence models that boost asset efficiency and can provide valuable guidance to the operational teams in achieving optimum operational parameters to maximize production while reducing energy consumption and carbon emissions.
• Asset reliability and integrity: SABIC's AI models can also predict critical assets’ deviations that could result in production upsets and, in turn, help to address any potential increases in energy consumption.
• Real-time visibility and monitoring of SABIC’s global sustainability footprint and carbon neutrality performance: AI algorithms connected to highly advanced sensors within SABIC affiliates provide a deeper insight into operational parameters, allowing early detection of any deviation within sustainability metrics to be corrected in a timely manner.

Read more about our digitalization efforts.

_{Disclaimer: This abridged interactive version of the SABIC Integrated Annual Report 2023 is based on the original PDF report published on this website. In case of any discrepancy, the original PDF report will prevail.}