SABIC Company (SABIC) is a world famous diversified chemical enterprise, headquartered in Riyadh, Saudi Arabia. SABIC's manufacturing factories are located in multiple countries and regions around the world, including the Americas, Europe, the Middle East, and the Asia Pacific region, with products covering chemicals, general and high-performance plastics, agricultural nutrients, and steel.
SABIC has three Grand strategy business divisions – petrochemical, agricultural nutrients and special materials – and steel business independently operated through Hadeed, a wholly-owned subsidiary of SABIC.
SABIC provides extensive support to customers by identifying and expanding business opportunities in important end markets such as construction, medical equipment, packaging, agricultural nutrients, electrical and electronics, transportation, and clean energy.
In 2020, SABIC's net profit reached $17.8 million, sales revenue reached $31 billion, total assets reached $78.7 billion, and total production capacity reached 60.8 million metric tons. SABIC's business covers approximately 50 countries worldwide and has over 32000 employees.
By cultivating innovative spirit and original thinking, we have 9946 patent applications worldwide and have innovation centers in five key regions, including the United States, Europe, the Middle East, South Asia, and North Asia, with abundant scientific research resources.
Saudi Aramco holds 70% of SABIC's shares, with the remaining 30% publicly traded on the Saudi Arabian Stock Exchange.
SABIC is a global leader in the following areas:
Monoethylene glycol polyether Imide polyethylene
Methyl tert-butyl ether granular urea polypropylene
Polycarbonate methanol polybutylene terephthalate
Engineering plastics and their compounds
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