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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.

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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) $46.7B 49.5% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 34417% (2022 vs 2021)

Market Cap* $71.7B

Net Profit Margin (2022) XYZ 21,883.3% (2022 vs 2021)

* As of and is in US$

Saudi Basic Industries Corp premium industry data and analytics

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.

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
2022 Contracts/Agreements In December, the company along with Kuwait Petroleum International and OQ signed an agreement to establish a petrochemical complex consisting of a steam cracker and derivative units and a natural gas liquid (NGL) extraction facility.
2022 Contracts/Agreements In December, the company signed a memorandum of understanding with Aramco and China Petroleum & Chemical Corporation to study the economic and technical feasibility to develop a petrochemical industrial complex in cooperation with an existing refinery at the Yanbu Industrial City.
2022 Contracts/Agreements In December, the company, China Petroleum and Chemical Corporation and Saudi Arabian Oil Co announced to collaborate across refining and petrochemical projects in China and 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 -
Timothy Leveille Executive Vice President - Corporate Finance Senior Management - -
Bob Maughon Executive Vice President - Technology and Innovation Senior Management 2019 -
Iyad Abdulrahman Algarawi Secretary General Senior Management - -
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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