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For over 40 years, our ambition to define the future of petrochemicals has yielded solutions for the challenges of today and helped our customers achieve their ambitions for a better tomorrow. We are making a meaningful impact in the world and delivering Chemistry that Matters™. Read our stories.
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.
Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the Company’s shares are owned by Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock exchange. SABIC’s growth has been nothing short of miraculous.
ABOUT SABIC. 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 market leader in key products such as ethylene, ethylene glycol, methanol, MTBE, polyethylene and engineering plastics and its derivatives. Petrochemicals, SABIC’s largest strategic business unit, accounts for the bulk of the company’s total production.
The company has 14 manufacturing sites located in six US states as well as in Canada, Argentina, Mexico and Brazil; five research & development centers in various US locations, including a major Technology Center in Houston; and administrative offices throughout the region.
Aug 5, 2021 · Business. Saudi’s Sabic Sees Profit Surge Amid Global Chemical Boom. Aramco-controlled Sabic made highest income in almost a decade. Chemicals firms benefiting as prices of plastics, paint...
