Saudi Basic Industries Corporation Overview
Pro stress-test →SABIC is a global leader in chemicals headquartered in Riyadh, Saudi Arabia, manufacturing chemicals, commodity and high-performance plastics, agri-nutrients and metals. The company operates in more than 50 countries with more than 35,000 employees worldwide.
Strategic Profile
Pro stress-test →SABIC is a publicly listed company majority-owned by Saudi Aramco. The company identifies and develops opportunities in key end markets including construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy. SABIC has innovation hubs in five key geographies: the US, Europe, Middle East, South-East Asia and North-East Asia.
Competitive Landscape
Pro stress-test →SABIC was ranked fourth among chemical companies globally by Fortune Global 500 in 2017. The company competes with global petrochemical and specialty chemicals manufacturers including DuPont, INEOS, Lyondell Basell, and regional players. SABIC serves automotive, hygiene and healthcare, electrical and electronics, packaging, agriculture, consumer products, and building and construction industries.
Industry Context
Saudi Basic Industries Corporation operates in Petrochemicals & Specialty Chemicals.
Key facts
Founded: 1976 · Headquarters: Riyadh, Saudi Arabia · Employees: 35,000+ · Revenue: N/A · Market cap: ~$72.5B USD