Company Profile:
SABIC (Saudi Basic Industries Corporation) is a manufacturing company. It is one of the world's leading producers of chemicals, fertilizers, plastics, and metals. It operates numerous production facilities globally, making it a primary manufacturer rather than solely a trader. While it has sales and marketing operations to trade its products, its core business and identity are rooted in industrial production.
Company Overview:
Name: Saudi Basic Industries Corporation (SABIC)
Type: Global diversified manufacturing company
Headquarters: Riyadh, Saudi Arabia
Founded: 1976, by royal decree, to industrialize Saudi Arabia's hydrocarbon resources.
Ownership: Majority-owned by Aramco, the Saudi Arabian oil and gas company.
Operations: SABIC is a multinational enterprise with a significant global presence, including production facilities, technology and innovation centers, and sales offices across the Americas, Europe, Middle East, Africa, and Asia.
Key Business Segments and Products:
Chemicals: A wide array of basic chemicals, intermediates, and polymers such as olefins, polyolefins (polyethylene, polypropylene), glycols, methanol, and MTBE. These are fundamental building blocks for many industrial applications.
Performance Chemicals: Specialized chemicals for diverse applications, offering enhanced properties and solutions for demanding industries.
Agri-Nutrients: A major producer of urea, ammonia, and other fertilizers essential for global agriculture.
Metals: Produces various steel products, primarily serving the construction and infrastructure sectors.
Specialties: High-performance engineering thermoplastics and elastomers used in industries like automotive, electronics, healthcare, and aerospace.
Market Presence: SABIC's products are integral to various industries worldwide, including automotive, construction, electronics, medical devices, packaging, and agriculture.
Innovation and Sustainability: The company places a strong emphasis on research and development to create innovative solutions and sustainable products, aiming to reduce environmental impact and contribute to a circular economy.
Scale: SABIC is one of the largest public companies in Saudi Arabia, a top global petrochemical company, and a significant contributor to the global chemical industry.
Enterprise Products
SABIC, on behalf of SABIC affiliates, produces and sells a wide range of products, including:
* Chemicals: Olefins, Polyolefins, Aromatics, Ethylene Glycol, Methanol
* Polymers: Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Polyamide (PA), Polybutylene Terephthalate (PBT), Polyetherimide (PEI)
* Specialties: Engineering Thermoplastics, High-Performance Materials, Additives, Compounds
* Metals: Steel products (through Hadeed)
* Agri-Nutrients: Urea, Ammonia, Phosphate fertilizers