Saudi Basic Industries Corp - Company Profile
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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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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 |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
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. |
2024 | Plans/Strategy | In April, the company announced its plans to collaborate with upstream and downstream value chain partners to open huge opportunities in China. |
2024 | Others | In February, the company denied its plans to acquire a stake in Braskem. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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 | - |
Bob Maughon | Executive Vice President - Technology and Innovation | 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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