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Saudi Basic Industries Corporation (Arabic: الشركة السعودية للصناعات الأساسية), known as SABIC (Arabic: سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals.
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, agri-nutrients and metals.
SABIC is a global leader in chemicals headquartered in Riyadh, Saudi Arabia. From making cars and planes more fuel-efficient, to helping conserve the world’s water supply and enabling colorful...
Aug 5, 2021 · Saudi Arabia expects chemical makers like Sabic -- which has a market capitalization of $99 billion -- to form the basis for new manufacturing and consumer-goods industries as it seeks to reduce...
Jan 9, 2020 · SABIC uses the methane in natural gas to make methanol and ammonia, which is then transformed into urea. This turned the kingdom into a major exporter of fertilizers. SABIC also uses ethane and propane to produce a number of chemical products including MEG, glycols, polymers like HDPE, LDPE, LLDPE, polypropylene polycarbonates, etc.
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