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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
Project to train Saudi contractors
- Thu Dec 18
MIDEAST STOCKS-Gulf markets surge on stronger oil
- Thu 8:25 am ET
MIDEAST STOCKS-Saudi rebounds on spending pledge; Gulf markets stabilise
- Wed Dec 17
Saudi Sabic's finance head says leaving to become Tasnee CEO
- Sun Dec 14
MIDEAST STOCKS-Saudi Arabia's petrochemicals fall further
- Mon Dec 8
Saudi's Marafiq says signs 2.5 bln riyal Islamic loan
- Wed Dec 3
Saudi Kayan signs two Islamic financing deals totalling $700 mln
- Thu Nov 20
Saudi's Tasnee names Sabic finance head as new chief executive - statement
- Sun Dec 14
MIDEAST STOCKS-Markets fall as investor hopes fade for OPEC output cut
- Tue Nov 25
MIDEAST STOCKS-SABIC heads Saudi rally as oil price rise supports
- Sun Nov 23
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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