Saudi Basic Industries Corp - Company Profile

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Saudi Basic Industries Corp: Overview

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Saudi Basic Industries Corp (SABIC), a subsidiary of Saudi Arabian Oil Co, is a manufacturer of petrochemicals. The company is engaged in the manufacturing of petrochemicals, chemicals, industrial polymers, fertilizers and metals. It also provides engineering tools, molded sample Xpress, fast formulation service colorXpress and small order quantities service. The company operates brands such as Elcres, Valox, GTX, Lexan, LNP, ColorXpress, and Cycoloy, among others. It has a geographical presence across the Americas, Europe, Asia Pacific and the Middle East. SABIC is headquartered in Riyadh, Saudi Arabia.

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Headquarters Saudi Arabia

Address P.O.Box 5101, Riyadh, 11422


Telephone 966 1 12258000

No of Employees 33,000

Industry Chemicals

Ticker Symbol & Exchange 2010 (SAU)

Revenue (2022) $37.8B -22.7% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -116.8% (2022 vs 2021)

Market Cap* $59.2B

Net Profit Margin (2022) XYZ -121.7% (2022 vs 2021)

* As of and is in US$
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Saudi Basic Industries Corp premium industry data and analytics

6

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Saudi Basic Industries Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Saudi Basic Industries Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Basic Chemicals Small Order Quantities Service Lexan
Urea Fast Formulation Service Valox
Intermediates Engineering Tools Noryl
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In May, the company announced a collaboration with Cybershield to improve the use of plated ULTEM resins in aircraft parts.
2024 New Products/Services In May, the company launched VALOX HX325HP resin, a new medical-grade, injection moulding polybutylene terephthalate resin.
2024 Corporate Changes/Expansions In April, the company along with BASF and Linde launched the demonstration plant for electrically heated steam-cracking furnaces in Ludwigshafen, Germany.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Saudi Basic Industries Corp Sinopec Shanghai Petrochemical Co Ltd Petkim Petrokimya Holding AS Saudi Steel Pipe Co Methanol Chemicals Co
Headquarters Saudi Arabia China Turkey Saudi Arabia Saudi Arabia
City Riyadh Shanghai Izmir Dammam Jubail
State/Province - Shanghai - - -
No. of Employees 33,000 7,526 2,383 284 488
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Khalid Hashim Al-Dabbagh Chairman Executive Board - -
Abdulrahman Al-Fageeh Director; Chief Executive Officer Executive Board 2023 -
Dr. Mohammed Yahya Al-Qahtani Vice Chairman Executive Board - -
Ahmed Al-Shaikh Executive Vice President - Engineering and Project Management Senior Management 2021 -
Ernesto Occhiello Executive Vice President - Specialties Senior Management 2019 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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