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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-Petrochemicals lift Saudi Arabia; Egypt slips
- Wed 4:04 am ET
MIDEAST STOCKS-Saudi Arabia edges up, Egypt slips ahead of election ruling
- Sun Mar 1
Career chance for young Saudis in rubber industry
- Mon Mar 2
SABIC chief lauds emerging innovative spirit of youth
- Fri Feb 6
MIDEAST STOCKS-Saudi Arabia inches up, Egypt extends losses
- Thu Feb 26
King appoints new members to Shoura
- Sun Feb 15
Saudi Ma'aden restarts ammonia plant after maintenance
- Sun Feb 22
MIDEAST STOCKS-Saudi Arabia edges up, Egypt slips
- Sun Feb 22
Saudi major Sabic ties up with Indian institutes for research
- Thu Feb 19
Saudi Kayan says president resigns
- Sun Mar 1
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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