Saudi Basic Industries Corp - Company Profile
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Saudi Basic Industries Corp (SABIC), a subsidiary of Aramco Chemicals Co, is a diversified petrochemicals company. It engages in the manufacturing and marketing of polymers, chemicals, Agri-nutrients, and specialty products. SABIC's major products include mono-ethylene glycol, polyether imide, polyethylene, MTBE granular urea, polypropylene, polycarbonate, methanol, polybutylene terephthalate, and engineering plastics and their compounding, among others. The company also offers Engineering and color services. SABIC serves a wide range of industries, including automotive, hygiene and healthcare, electrical and electronics, packaging, agriculture, consumer products, and building and construction. The company offers its products to customers in the Americas, Europe, the Middle East, Africa, and Asia through various brands, including Elcres, Valox, GTX, Lexan, LNP, and Cycoloy, among others. SABIC is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
PO Box 5101, Riyadh, 11422
Website
www.sabic.com
Telephone
966 112 258000
No of Employees
33,000
Industry
Chemicals
Ticker Symbol & Exchange
2010 (SAU)
Revenue (2024)
$31.1B
-1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-1784.2%
(2024 vs 2023)
Market Cap*
$40.7B
Net Profit Margin (2024)
XYZ
-1,797.7%
(2024 vs 2023)
* As of and is in US$
Saudi Basic Industries Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Carbon Black | Engineering | Cycolac |
| Acrylonitrile Butadiene Styrene (ABS) | Small Order Quantities Service | Geloy |
| Acrylonitrile Styrene Acrylate (ASA) | Molded Sample Xpress Service | Valox |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Divestiture | In August, the company sold its regional Engineering Thermoplastics business in the Americas and Europe to Mutares SE & Co. KGaA. |
| 2026 | Asset Disposal | In July, SABIC UK Petrochemicals Ltd sold approximately 550 acres of industrial land in Teesside, and approximately 60 acres on the Wilton International Site to Storelectric Teesside Ltd. |
| 2026 | New Products/Services | In July, the company announced the launch of New LNP Thermocomp OFM Compounds. |
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 | Riyadh | Shanghai | Izmir | - | Eastern Province |
| No. of Employees | 33,000 | 6,996 | 2,429 | 350 | 485 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Faisal Mohammed Al-Faqeer | Chief Executive Officer; Director | Executive Board | 2026 | - |
| Khalid Hashim Al-Dabbagh | Chairman | Non Executive Board | - | - |
| Ernesto Occhiello | Executive Vice President - Technology and Innovation | Senior Management | - | - |
| Faisal Al Suwailem | Executive Vice President - Corporate Human Resources | Senior Management | - | - |
| Salah Al-Hareky | Executive Vice President - Corporate Finance | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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