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.
Headquarters
Saudi Arabia
Address
P.O.Box 5101, Riyadh, 11422
Website
www.sabic.com
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*
$65.7B
Net Profit Margin (2022)
XYZ
-121.7%
(2022 vs 2021)
* As of and is in US$
Saudi Basic Industries Corp premium industry data and analytics
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 | 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. |
| 2024 | Others | In February, the company along with Fujian Energy and Petrochemical Group commenced the construction of the SABIC Fujian Petrochemical Complex. |
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 | - | - |
| Anas Kentab | Executive Vice President - Europe Repositioning | Senior Management | - | - |
| 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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