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.
| Type | Public | |
| Founded | 1976 | |
| HQ | Riyadh, SA | Map |
| Website | sabic.com | |
| Employee Ratings | More | |
| Overall Culture | D+ | More |
Recent NewsAll News
- 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
- Saudi Basic Industries Corporation (SABIC) Invites Its Shareholders To Attend The Ordinary General Meeting (First Meeting) Via Modern Technology
- SABIC To Launch At APEC 2022 40% Thinner ELCRES™ HTV150A Film For Further Adoption Of High-heat SiC Inverter Technology For xEV
- SABIC Highlights Its NUSANED™ Local Content Initiative At World Defense Show
Key People/Management at SABIC
Yousef Abdullah Al-Benyan
Vice Chairman and Chief Executive Officer
Khalid Hashim Al-Dabbagh
Chairman
Abdulaziz Al-Oudan
Executive Vice President, Corporate Human Resources
Samir Al-Abdrabbuh
Executive Vice President, Agri-Nutrients Business
Abdulrahman Al-Fageeh
Executive Vice President, Petrochemicals
Ernesto Occhiello
Executive Vice President, Specialties
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
SABIC Financials and Metrics
SABIC Revenue
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
Quarterly
Annual
Quarterly
| SAR | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 43.0b | 39.8b | 33.3b | 38.7b | 26.0b | 31.3b | 35.9b | 33.5b | 38.8b |
Accounts Receivable | 22.3b | 21.9b | 19.8b | 17.3b | 14.3b | 16.0b | 20.7b | 22.9b | 23.6b |
Inventories | 27.0b | 27.6b | 27.7b | 25.2b | 21.5b | 20.5b | 19.5b | 22.5b | 25.7b |
Current Assets | 107.7b | 100.3b | 93.9b | 94.3b | 76.5b | 79.6b | 86.5b | 89.5b | 100.6b |
Annual
Quarterly
| SAR | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 5.0b | 8.3b | 10.1b | (676.3m) | (3.2b) | (1.6b) | 6.1b | 15.6b | 22.9b |
Depreciation and Amortization | 4.0b | 8.2b | 12.6b | 5.2b | 9.2b | 12.7b | 3.4b | 7.0b | 10.5b |
Cash From Operating Activities | 9.9b | 16.4b | 24.7b | 5.5b | 8.3b | 14.1b | 7.6b | 17.2b | 25.8b |
Cash From Investing Activities | (5.9b) | (3.4b) | (8.8b) | (6.5b) | (11.6b) | (9.9b) | (2.3b) | (4.6b) | (8.0b) |
| SAR | FY, 2018 |
|---|---|
Revenue/Employee | 5.1m |
SABIC Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Black Diamond Structures | January 16, 2019 | |
| GE Plastics | May 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 |
SABIC Revenue Breakdown
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
SABIC Cybersecurity Score
SABIC Environment, Social & Governance (ESG) Ratings
Competitors
SABIC Online and Social Media Presence
154.91k Twitter followers
SABIC has 154.91k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.4% quarter over quarter
SABIC's Trends
Twitter Engagement Stats for @sabic
2k
Tweets
8
Following
154.9k
Followers
7
Tweets last 30 days
15
Avg. likes per Tweet
100%
Tweets with engagement
SABIC Company Culture
Overall Culture
D+
62/100
CEO Rating
C-
64/100
Compensation
C-
58/100
Diversity
B-
69/100
SABIC News and Updates
March 27, 2022
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…
March 20, 2022
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 …
March 15, 2022
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 …
March 09, 2022
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…
March 02, 2022
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.
February 13, 2022
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…
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.
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