OverviewSuggest Edit

SABIC (Saudi Basic Industries Corporation) is a manufacturing company that specializes in diversified chemicals. It is composed of four strategic business units: Petrochemicals, Specialties, Agri-Nutrients, and Metals. The company offers mono-ethylene glycol, MTBE, polycarbonate, polyetherimide, granular urea, methanol, polyethylene, polypropylene, polybutylene terephthalate, engineering plastics, and its compounding.
TypePublic
Founded1976
HQRiyadh, SA
Websitesabic.com
Employee Ratings3.8
Overall CultureD+

Latest Updates

Employees (est.) (Dec 2021)31,000(-3%)
Revenue (FY, 2021)﷼174.9 B(+50%)
Share Price (May 2022)﷼121(-1%)
Cybersecurity ratingBMore
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Key People/Management at SABIC

Yousef Abdullah Al-Benyan

Yousef Abdullah Al-Benyan

Vice Chairman and Chief Executive Officer
Khalid Hashim Al-Dabbagh

Khalid Hashim Al-Dabbagh

Chairman
Abdulaziz Al-Oudan

Abdulaziz Al-Oudan

Executive Vice President, Corporate Human Resources
Samir Al-Abdrabbuh

Samir Al-Abdrabbuh

Executive Vice President, Agri-Nutrients Business
Abdulrahman Al-Fageeh

Abdulrahman Al-Fageeh

Executive Vice President, Petrochemicals
Ernesto Occhiello

Ernesto Occhiello

Executive Vice President, Specialties
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SABIC Office Locations

SABIC has offices in Riyadh, Burkville, Columbus, Exton and in 78 other locations
Riyadh, SA (HQ)
PO Box 5101
Buenos Aires, AR
Piso 11, Ing Enrique Butty 240
Tortuguitas, AR
Descartes 3668
Dee Why, AU
PO Box 1321 Dee Why
Wiener Neustadt, AT
Pottendorfer Str. 47
Genk, BE
Geleenlaan 35
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SABIC Financials and Metrics

SABIC Revenue

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View revenue for all periods
SABIC's revenue was reported to be ﷼174.92 b in FY, 2021
SAR

Revenue (FY, 2021)

174.9b

Gross profit (FY, 2021)

51.1b

Gross profit margin (FY, 2021), %

29.2%

Net income (FY, 2021)

30.5b

EBIT (FY, 2021)

33.3b

Market capitalization (12-May-2022)

363.0b

Closing stock price (12-May-2022)

121.0

Cash (31-Dec-2021)

41.4b

EV

360.0b
SABIC's current market capitalization is ﷼363 b.
Annual
SARFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

169.1b139.7b116.9b174.9b

Revenue growth, %

13%(17%)(16%)

Cost of goods sold

111.5b104.2b94.1b123.8b

Gross profit

57.6b35.5b22.9b51.1b
Quarterly
SARQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

37.4b35.9b33.7b30.8b24.6b29.3b37.5b42.4b43.7b

Cost of goods sold

26.0b25.8b24.1b25.1b21.1b22.8b26.4b28.6b31.2b

Gross profit

11.4b10.0b9.6b5.7b3.5b6.5b11.2b13.8b12.5b

Gross profit Margin, %

30%28%29%19%14%22%30%33%29%
Annual
SARFY, 2019FY, 2020FY, 2021

Cash

38.3b33.2b41.4b

Accounts Receivable

18.3b16.9b26.4b

Prepaid Expenses

1.5b1.1b

Inventories

26.4b19.3b28.7b
Quarterly
SARQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

43.0b39.8b33.3b38.7b26.0b31.3b35.9b33.5b38.8b

Accounts Receivable

22.3b21.9b19.8b17.3b14.3b16.0b20.7b22.9b23.6b

Inventories

27.0b27.6b27.7b25.2b21.5b20.5b19.5b22.5b25.7b

Current Assets

107.7b100.3b93.9b94.3b76.5b79.6b86.5b89.5b100.6b
Annual
SARFY, 2019FY, 2020FY, 2021

Net Income

8.5b1.3b30.5b

Depreciation and Amortization

20.6b14.2b14.9b

Inventories

1.9b2.7b

Accounts Payable

(2.1b)2.2b
Quarterly
SARQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

5.0b8.3b10.1b(676.3m)(3.2b)(1.6b)6.1b15.6b22.9b

Depreciation and Amortization

4.0b8.2b12.6b5.2b9.2b12.7b3.4b7.0b10.5b

Cash From Operating Activities

9.9b16.4b24.7b5.5b8.3b14.1b7.6b17.2b25.8b

Cash From Investing Activities

(5.9b)(3.4b)(8.8b)(6.5b)(11.6b)(9.9b)(2.3b)(4.6b)(8.0b)
SARFY, 2018

Revenue/Employee

5.1m
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SABIC Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

505050

Countries Covered

100100

Manufacturing Sites

6868

Innovation Centers

2120
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SABIC Acquisitions / Subsidiaries

Company NameDateDeal Size
Black Diamond StructuresJanuary 16, 2019
GE PlasticsMay 21, 2007$11.6 b
Al-Jubail Fertiliser Company
Al-Jubail Petrochemical Company
Arabian Industrial Fibers Company
Arabian Petrochemical Company
Black Diamonds Structures, LL
BV Snij-Unie HiFi
Eastern Petrochemical Company
Exatec, LLC
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SABIC Revenue Breakdown

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SABIC revenue breakdown by business segment: 5.2% from Agri-nutrients, 7.7% from Hadeed and 87.1% from Petrochemicals and Specialties

SABIC revenue breakdown by geographic segment: 16.5% from Kingdom of Saudi Arabia, 23.2% from Rest of Asia, 9.1% from Americas, 9.4% from Others, 19.1% from China and 22.7% from Europe

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SABIC Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

SABIC Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

SABIC Online and Social Media Presence

Embed Graph

SABIC Company Culture

  • Overall Culture

    D+

    62/100

  • CEO Rating

    C-

    64/100

  • Compensation

    C-

    58/100

  • Diversity

    B-

    69/100

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SABIC News and Updates

SABIC Sees Critical Role For Innovation, Digitalization, Collaboration To Deliver On Carbon Neutrality Ambitions And Greater ESG Transparency; Efficient And Resilient Supply Chains Seen Essential

SABIC is of the view that digitalization will play a key role in improved plant reliability and performance, supply-chain efficiency, and enhancing Environmental, Social, and Governance (ESG) transparency, besides making decision-making more agile and well informed, especially with the initiation of…

Saudi Basic Industries Corporation (SABIC) Invites Its Shareholders To Attend The Ordinary General Meeting (First Meeting) Via Modern Technology

The Board of Directors of Saudi Basic Industries Corporation (SABIC) is pleased to invite the Company’s shareholders to attend the Ordinary General Meeting (First Meeting) via modern technology provided by Tadawulaty, means that enables shareholders to participate in its deliberations and voting on …

SABIC To Launch At APEC 2022 40% Thinner ELCRES™ HTV150A Film For Further Adoption Of High-heat SiC Inverter Technology For xEV

SABIC, a global leader in the chemical industry, will introduce at the 2022 Applied Power Electronics Conference (APEC) in booth #1718, a new, thinner gauge of its ELCRES™ HTV150A dielectric film which may be used for capacitors in the traction inverters, onboard chargers and electrical compressors …

SABIC Highlights Its NUSANED™ Local Content Initiative At World Defense Show

SABIC, ranked among the world’s largest chemicals manufacturers, highlighted its NUSANED™ local content initiative focused on increasing localization of jobs and attracting international investment as part of its principal partnership with the Kingdom’s inaugural World Defense Show in Riyadh from Ma…

SABIC Secures 300GWh Renewable Wind Power For Its Geleen Site In The Netherlands

SABIC has established a long-term power purchase agreement through its JV Utility Support Group (USG) B.V. for the supply of renewable power to its petrochemicals site in Geleen, the Netherlands.

SABIC Materials Enable Large Metal Pipe Lining Projects In Saudi Arabia

SABIC materials have recently been approved for the implementation of a large metal pipelining tight-fit liner project in Saudi Arabia. United Special Technical Services (USTS) carried out the project over a distance of 37 km, installing 42-inch-diameter pipes liners to a pipeline used in transport…
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SABIC Frequently Asked Questions

  • When was SABIC founded?

    SABIC was founded in 1976.

  • Who are SABIC key executives?

    SABIC's key executives are Yousef Abdullah Al-Benyan, Khalid Hashim Al-Dabbagh and Abdulaziz Al-Oudan.

  • How many employees does SABIC have?

    SABIC has 31,000 employees.

  • What is SABIC revenue?

    Latest SABIC annual revenue is ﷼174.9 b.

  • What is SABIC revenue per employee?

    Latest SABIC revenue per employee is ﷼5.6 m.

  • Who are SABIC competitors?

    Competitors of SABIC include LyondellBasell, BP and Shell.

  • Where is SABIC headquarters?

    SABIC headquarters is located at PO Box 5101, Riyadh.

  • Where are SABIC offices?

    SABIC has offices in Riyadh, Burkville, Columbus, Exton and in 78 other locations.

  • How many offices does SABIC have?

    SABIC has 86 offices.