SABIC - Saudi Basic Industries Corp.
SABIC - Saudi Basic Industries Corp.
Industry
About SABIC - Saudi Basic Industries Corp.
Saudi Basic Industries Corporation (SABIC) is a leading global chemical manufacturing company headquartered in Riyadh, Saudi Arabia. Established in 1976 by royal decree, SABIC has grown to become one of the world's largest petrochemical manufacturers. It has operations in over 50 countries and a workforce exceeding 33,000 employees.
SABIC's diverse product portfolio includes chemicals, industrial polymers, fertilizers, and metals. The company operates through four strategic business units.
Business Units
- Petrochemicals: Producing a wide range of products such as ethylene, ethylene glycol, methanol, MTBE, and polyethylene.
- Specialties: Offering specialty engineered thermoplastic resins and compounds, composites, thermosets, additives, and additive manufacturing solutions.
- Agri-Nutrients: Supplying fertilizers and other agricultural products to support global food production.
- Metals: Providing a range of metal products for various industrial applications.
Industries Served
SABIC serves a broad spectrum of industries, including automotive, healthcare, electrical and electronics, packaging, agriculture, consumer products, and construction.
The company's products are marketed under various brands such as Elcres, Valox, GTX, Lexan, LNP, ColorXpress, and Cycoloy.
Innovation and Sustainability
In recent years, SABIC has focused on innovation and sustainability. In 2021, the company established a partnership with BASF and Linde to develop electrically-powered steam cracker technology aimed at reducing carbon emissions by over 90%.
Additionally, SABIC plans to invest $1.4 billion into its Teesside petrochemical facility to reduce its carbon footprint by up to 60%.
Global Presence
SABIC's global presence includes major manufacturing and compounding plants in over 40 countries. In Saudi Arabia, the company operates 18 affiliates primarily based in the Al-Jubail Industrial City on the Persian Gulf.
Other facilities are located in Yanbu Industrial City on the Red Sea and Dammam.
Locations
- Al-Jubail Industrial City, Saudi Arabia
- Yanbu Industrial City, Saudi Arabia
- Dammam, Saudi Arabia
- Houston, TX, USA – technology center and offices serving as a hub for the company's operations in the Americas.
SABIC's commitment to innovation, sustainability, and global expansion continues to drive its growth and solidify its position as a leader in the chemical manufacturing industry.