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Industry Center > > Saudi Basic Industries Corporation Company Profile
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Saudi Basic Industries Corporation Company Profile
SABIC stands for Saudi Basic Industries Corporation, but it could also stand for "seriously, a big industrial company." Saudi Arabia's largest non-oil company, SABIC operates through six units: chemicals, performance chemicals, polymers (polyolefins, PVC, and polyester), plastics (including SABIC Innovative Plastics), fertilizers, and metals (steel and aluminum). SABIC is one of the world's top makers of polyethylene and polypropylene. The company, which introduces some 150 new products per year, operates 60 manufacturing and compounding plants in 40 countries, as well as numerous distribution centers, offices and storage facilities. Founded in 1976, SABIC it is majority owned (70%) by the Saudi government.
Headlines for Saudi Basic Industries Corporation
MIDEAST STOCKS-Egypt, Saudi slide; funds start buying in UAE, Qatar
- Tue 3:40 am ET
MIDEAST STOCKS-Markets fall as investor hopes fade for OPEC output cut
- Tue 8:32 am ET
Jubail Industrial City: Top choice of investors
- Tue 1:50 am ET
MIDEAST STOCKS-Markets edge down as global rally subsides
- Mon Nov 24
MIDEAST STOCKS-SABIC heads Saudi rally as oil price rise supports
- Sun Nov 23
MIDEAST STOCKS-Markets gloomy ahead of OPEC meeting
- Wed 9:11 am ET
Saudi Kayan signs two Islamic financing deals totalling $700 mln
- Thu Nov 20
MIDEAST STOCKS-Petchems lift Saudi Arabia, Egypt up
- Thu Nov 20
SABIC the only Mideast firm on 2014 Global Innovation 1000 list
- Wed Nov 5
MIDEAST STOCKS-Saudi Arabia, Egypt pull back as oil slides
- Mon Nov 17
Contact Information
Address: PO Box 5101
Riyadh 11422, Saudi Arabia
Phone:+966-1-225-8000
Fax:+966-1-225-9000
Financial Highlights
Fiscal Year End:December
Revenue (2012):50000.00 M
Employees (2012):40,000
Key People
Chairman: Prince Saud bin Abdullah bin Thenayan Al-Saud
Vice Chairman and CEO: Mohamed H. Al-Mady
EVP Technology and Innovation: Ernesto Occhiello
Industry Information
Sector:
Industry:
Top Competitors
ExxonMobil Chemical Company
Shell Chemicals Limited
 


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