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ABOUT SABIC. From making cars and planes more fuel-efficient, to helping conserve the world’s water supply and enabling colorful smartphone cases, we find solutions to the challenges of today to help our customers achieve their ambitions and build a better tomorrow. WATCH OUR CORPORATE FILM.
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 Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock exchange.
Saudi Basic Industries Corporation (Arabic: الشركة السعودية للصناعات الأساسية), known as SABIC (Arabic: سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco.
SABIC is a global leader in chemicals headquartered in Riyadh, Saudi Arabia. From making cars and planes more fuel-efficient, to helping conserve the world’s water supply and enabling colorful...
Mar 29, 2023 · Saudi Basic Industries Corporation (SABIC) is a global leader in chemicals headquartered in Riyadh, Saudi Arabia. Manufacturing on a global scale, SABIC produces chemicals, commodity and high-performance plastics, agri-nutrients and metals.
Jan 9, 2020 · In August 2018, Saudi Aramco announced that it would merge with Saudi Arabian Basic Industries Company (SABIC) by purchasing 70 percent of the company from the Public Investment Fund (PIF) of Saudi Arabia, the kingdom’s sovereign wealth fund (SWF).
Aug 5, 2021 · Saudi’s Sabic Sees Profit Surge Amid Global Chemical Boom. Aramco-controlled Sabic made highest income in almost a decade; Chemicals firms benefiting as prices of plastics, paint rise
Nov 24, 2022 · RIYADH: Saudi Basic Industries Corp., or SABIC, is planning to start a joint project with Saudi Aramco to convert crude into petrochemicals, the Kingdom's Energy Minister Prince Abdulaziz bin...
Oct 23, 2021 · Petrochemicals giant Saudi Basic Industries Corp (SABIC) announced plans on Saturday to meet carbon neutrality by 2050, the company said in a statement on the sidelines of the Saudi Green...
CREATING SHARED VALUE WITH SAUDI ARAMCO. Since Saudi Aramco’s acquisition of a 70% majority stake in SABIC in June 2020, both entities have been working together to explore areas of synergy that will maximize value and for their respective customers, stakeholders and shareholders.
