SABIC

SABIC

Diversified manufacturing company, active in chemicals, polymers, fertilizers and metal. In today’s business world we know that both quarterly targets and longer term strategies are important. We get how business works and what brings sustained growth and market leadership. That’s why we’re grounded in materials – but ultimately we help POWER OUR CUSTOMERS’ COMPETITIVE ADVANTAGE for the long term. It is from our customers’ commercial ambitions that we challenge the status quo. It is with relentless drive and genuine commitment that we deliver on that challenge.

Company details

PO Box 5101 , Riyadh , 11422 Saudi Arabia

More Office Locations Locations Served

Business Type:
Manufacturer
Industry Type:
Oil, Gas & Refineries
Market Focus:
Globally (various continents)
Year Founded:
1976

We bring together unparalleled capabilities:

  • Ingenuity is our lifeblood
  • A passion for collaborative working
  • A legacy of creating innovative applications
  • Depth and scale of activities

Our expertise creates tailored material solutions that help our customers change the world for good.

SABIC is the Saudi Basic Industries Corporation, one of the world’s leading manufacturers of chemicals, fertilizers, plastics and metals.

Background
Since SABIC’s founding, its employees have exhibited a remarkable ability to do what others said couldn’t be done.

Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the Company’s shares are owned by the Saudi Arabian government, with the remaining 30% held by private investors in Saudi Arabia and other countries of the Gulf Cooperation Council.

SABIC began in 1976 by Royal decree and its growth has been nothing short of miraculous. Today, the company has operations in over 40 countries with a global workforce of over 40,000 talented individuals.

To find out how SABIC was created, and how it achieved its current success, please see the Corporate Profile pages. Or, for an idea of our size and capacity, see the Facts and Figures page.

Leadership
The Chairman of SABIC is Prince Saud bin Abdullah bin Thunayan Al-Saud. Vice-Chairman and Chief Executive Officer, Mohamed H Al-Mady, leads the global management team. The company is overseen by a Board of Directors taken from government and the private sector.

Organization
SABIC is composed of six business units, each headed by an Executive Vice President. These are: Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics. These six operating units make four distinctly different kinds of products:

  • Chemicals – Chemicals and Performance Chemicals
  • Plastics – Polymers and Innovative Plastics
  • Fertilizers
  • Metals

Location
SABIC’s principle corporate offices and headquarters are in Riyadh, Saudi Arabia with major industrial operations in the industrial city of Al-Jubail on the Arabian Gulf, as well as in Yanbu on the Red Sea.

SABIC’s global presence continues to grow rapidly. Our ambitious plans for expansion are matched by the development of an infrastructure of manufacturing plants, distribution centers, offices and storage facilities worldwide. This enables us to respond efficiently to the needs of our customers in key markets around the world.

The company’s manufacturing , sales, technology and innovation facilities are located throughout the globe and are managed by four regional offices: the Middle East and Africa, Asia, the Americas and Europe. To find out more about our operations please see the worldwide section.

Innovation
Because we are constantly looking to the future, we invest heavily in Technology and Innovation (T&I). Our T&I facilities are spread across the globe with hundreds of dedicated scientists contributing to the ongoing development of new patents and certifications.

Creation
SABIC’s creation by royal decree in September 1976 was a bold step for a developing country. It marked a move into using the by-products of oil extraction to produce value-added commodities – such as chemicals, polymers and fertilizers – for export. These commodities were also intended to create new industries, helping Saudi Arabia to diversify and to develop.

Development
As a result, during the late 1970s and early 1980s the fishing village of Al-Jubail transformed into a modern industrial city, with the Royal Commission for Jubail and Yanbu building the infrastructure, and SABIC building the factories. Our first joint-venture plant began production in 1983, followed by several affiliated companies. We have now been through three phases of major expansion, earning us a place among the world’s fastest-growing companies.

Emergence
SABIC’s emergence in the 1980s was described by industry media as “one of the most rapid and coherent industrialization developments of the 20th century”. We haven’t stopped since: in 1985 our total production was 6.3 million metric tons (mmt); by the end of 2012 it had reached 69 mmt. The SABIC2020 project, launched in 2006, clearly signifies our ambition to take a global leadership position in the field of petrochemicals.

From Vision to Value …… long-term relationships are built on strong chemistry. And our desire to collaborate sets SABIC apart in our industry.

We form relationships built on the curiosity and empathy needed to understand customer challenges, both big and small.

We recognize what is important, delivering answers that are tailored and cost-efficient.

Our Vision
Our vision is to be the preferred world leader in chemicals.

Our Mission
Our mission is to responsibly provide quality products and services through innovation, learning and operational excellence while sustaining maximum value for our stakeholders.

Our Values
With uncompromising integrity as our foundation we will: Inspire, Engage, Create and Deliver.

Our Standards
We will use our natural resources and human talent to their best advantage by innovating, educating and using the latest technology. This care for people and natural resources is reflective of our standards. SABIC prides itself on its integrity, and we set ourselves the highest standards in relation to business practices, safety and the care of the environment. We will not compromise these standards.