Saudi Basic Industries Corporation Overview
Pro stress-test →SABIC is a Saudi chemical manufacturing company active in petrochemicals, chemicals, industrial polymers and fertilizers. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul. The company serves customers in more than 140 countries with a global workforce of more than 28,000 individuals.
Strategic Profile
Pro stress-test →70% of SABIC's shares are owned by Saudi Aramco, providing significant strategic backing and access to hydrocarbon resources. SABIC is a market leader in key products such as ethylene, ethylene glycol, methanol, MTBE and polyethylene. The company operates in over 50 countries worldwide and owns more than 60 manufacturing plants in over 40 countries.
Competitive Landscape
Pro stress-test →SABIC is classified among the ten largest global petrochemical companies and the largest non-oil industrial company in the Middle East. Key competitors include global chemical giants such as BASF, Dow Chemical, LyondellBasell, and other integrated petrochemical manufacturers competing in commodity and specialty chemicals, polymers, and agri-nutrients.
Industry Context
Saudi Basic Industries Corporation operates in Petrochemicals & Specialty Chemicals.
Key facts
Founded: 1976 · Headquarters: Riyadh, Saudi Arabia · Employees: 28,000 · Revenue: $45.1B