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Saudi Basic Industries Corp: Overview

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

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 (2021) $46.7B 49.5% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 34417% (2021 vs 2020)

Market Cap* $67.4B

Net Profit Margin (2021) XXX 21,883.3% (2021 vs 2020)

* As of and is in US$

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170+

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

50+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

6

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

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).

4

IT Software Contracts

Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for Saudi Basic Industries Corp (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT 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.

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Products and Services

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

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

Year Event Description
2022 Contracts/Agreements In November, the company partnered with Guangdong Jinming Machinery and Bolsas de los Altos to develop flexible film packaging solutions.
2022 Contracts/Agreements In November, the company and Saudi Aramco announced its plans to start a joint project to convert crude into petrochemicals.
2022 Contracts/Agreements In November, the company and PepsiCo signed a memorandum of understanding to establish a recycling ecosystem in Riyadh, Kingdom of Saudi Arabia.
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Competitor Comparison

Key Parameters Saudi Basic Industries Corp Sinopec Shanghai Petrochemical Co Ltd Petkim Petrokimya Holding AS Methanol Chemicals Co Nama Chemicals Co
Headquarters Saudi Arabia China Turkey Saudi Arabia Saudi Arabia
City Riyadh Shanghai Izmir Jubail Jubail
State/Province - Shanghai - - -
No. of Employees 33,000 8,039 2,327 488 -
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 Chief Executive Officer - Acting Senior Management 2022 -
Ernesto Occhiello Executive Vice President - Specialties Senior Management 2019 -
Abdulaziz Al-Oudan Executive Vice President - Corporate Human Resources Senior Management - -
Ahmed Al-Shaikh Executive Vice President - Engineering and Project Management Senior Management 2021 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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