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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
Saudi's SAFCO says new urea plant start-up delayed till May
- Thu Mar 26
MIDEAST STOCKS-Weak oil weighs on Gulf mkts; Q4 hopes support Egypt
- Tue Mar 17
MIDEAST STOCKS-Saudi Arabia's stock market turns positive as Yemen panic abates
- Thu Mar 26
MIDEAST STOCKS-Saudi Arabia drops, Egypt pulls back
- Wed Mar 25
MIDEAST STOCKS-Saudi Arabia falls on oil; TMG weighs on Egypt
- Wed Mar 18
MIDEAST STOCKS-Saudi Arabia extends losses, Egypt edges up
- Tue Mar 17
Saudi Ma'aden shuts down ammonia plant after cooling facility fault
- Tue Mar 24
MIDEAST STOCKS-Saudi Arabia extends rebound; Arabtec dampens Dubai
- Sun Mar 22
MIDEAST STOCKS-Saudi Arabia edges up, Egypt slips ahead of election ruling
- Sun Mar 1
MIDEAST STOCKS-Saudi flat, Egypt slips on fuel shortage
- Mon Mar 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 (2013):50395.80 M
Revenue Growth (1 yr):0.10%
Employees (2013):0
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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