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 Ratings4
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2019)33,000
Revenue (FY, 2019)﷼139.7 B(-17%)
Share Price (Mar 2021)﷼111.2
Cybersecurity ratingBMore

Key People/Management at SABIC

Khalid Hashim Al-Dabbagh

Khalid Hashim Al-Dabbagh

Chairman
Yousef Abdullah Al-Benyan

Yousef Abdullah Al-Benyan

Vice Chairman and Chief Executive Officer
Abdulaziz Al-Oudan

Abdulaziz Al-Oudan

Executive Vice President, Corporate Human Resources
Khalid Al-Garni

Khalid Al-Garni

Vice President - Global Finance
Samir Al-Abdrabbuh

Samir Al-Abdrabbuh

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

Abdulrahman Al-Fageeh

Executive Vice President, Petrochemicals
Show more

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
Show all (85)

SABIC Financials and Metrics

SABIC Revenue

Embed Graph
View revenue for all periods
SABIC's revenue was reported to be ﷼139.74 b in FY, 2019 which is a 17.4% decrease from the previous period.
SAR

Revenue (Q1, 2020)

30.8b

Gross profit (Q1, 2020)

5.7b

Gross profit margin (Q1, 2020), %

18.6%

Net income (Q1, 2020)

(676.3m)

EBIT (Q1, 2020)

476.2m

Market capitalization (30-Mar-2021)

333.6b

Closing stock price (30-Mar-2021)

111.2

Cash (31-Mar-2020)

38.7b

EV

345.0b
SABIC's current market capitalization is ﷼333.6 b.
Annual
SARFY, 2017FY, 2018FY, 2019

Revenue

149.8b169.1b139.7b

Revenue growth, %

13%(17%)

Cost of goods sold

99.8b111.5b104.2b

Gross profit

50.0b57.6b35.5b
Quarterly
SARQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

41.9b43.3b43.7b37.4b35.9b33.7b30.8b

Cost of goods sold

27.6b27.4b28.8b26.0b25.8b24.1b25.1b

Gross profit

14.2b15.9b14.9b11.4b10.0b9.6b5.7b

Gross profit Margin, %

34%37%34%30%28%29%19%
Annual
SARFY, 2017FY, 2018FY, 2019

Cash

59.0b42.6b38.3b

Accounts Receivable

22.6b21.8b18.3b

Prepaid Expenses

1.8b1.9b1.5b

Inventories

26.1b28.2b26.4b
Quarterly
SARQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

60.0b58.3b36.8b43.0b39.8b33.3b38.7b

Accounts Receivable

25.3b25.0b25.7b22.3b21.9b19.8b17.3b

Inventories

25.7b26.6b28.3b27.0b27.6b27.7b25.2b

Current Assets

133.8b132.2b121.7b107.7b100.3b93.9b94.3b
Annual
SARFY, 2017FY, 2018FY, 2019

Net Income

25.5b31.9b8.5b

Depreciation and Amortization

16.4b15.5b20.6b

Inventories

(3.7b)(2.1b)1.9b

Accounts Payable

1.7b(3.1b)(2.1b)
Quarterly
SARQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

7.7b17.7b26.7b5.0b8.3b10.1b(676.3m)

Depreciation and Amortization

3.7b7.3b11.5b4.0b8.2b12.6b5.2b

Cash From Operating Activities

7.0b20.7b33.0b9.9b16.4b24.7b5.5b

Purchases of PP&E

(1.9b)(6.0b)(9.3b)(4.1b)(8.5b)(13.6b)(3.2b)
SARFY, 2017

Revenue/Employee

4.4m

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x
Show all financial metrics

SABIC Operating Metrics

FY, 2017FY, 2018FY, 2019

Production Volume, tons

71.20 m74.88 m72.58 m

Products Sold, tons

47.53 m48.41 m

Production Volume (Petrochemicals and Specialties), tons

61.34 m60.18 m

Products Sold (Petrochemicals and Specialties), tons

35.94 m37.12 m
Show all operating metrics

SABIC Acquisitions / Subsidiaries

Company NameDateDeal Size
Black Diamond StructuresJanuary 01, 2018
GE PlasticsMay 21, 2007$11.60 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
Show more

SABIC Revenue Breakdown

Embed Graph

SABIC revenue breakdown by business segment: 7.7% from Hadeed, 5.1% from Agri-nutrients and 87.2% from Petrochemicals and Specialties

SABIC revenue breakdown by geographic segment: 10.6% from Others, 8.9% from Americas, 23.1% from Europe, 21.8% from Rest of Asia, 17.8% from China and 17.8% from Kingdom of Saudi Arabia

Human Capital Metrics

Embed Graph
Show all human capital metrics

SABIC Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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

    C+

    67/100

  • CEO Rating

    C

    65/100

  • Compensation

    C+

    65/100

  • Diversity

    B

    70/100

Learn more on Comparably

SABIC News and Updates

Saudi Arabia announces $1.3 trillion private sector investment push led by Aramco, SABIC

Saudi Arabia’s crown prince said oil firm Aramco and petrochemical firm SABIC would lead investments of 5 trillion riyals ($1.3 trillion) by the local private sector by 2030 under a programme announced on Tuesday for economic diversification.

SABIC to Market Aramco’s Allocation of Sadara Products

SABIC has announced that it will begin marketing Aramco’s allocation of Sadara Chemical Company (Sadara) products, more consistent with Aramco’s equity ownership of the joint venture, beginning July 1, 2021.

SABIC and POLYRAY collaborate to introduce certified renewable polycarbonate into eyewear

SABIC, a global leader in the chemical industry and POLYRAY (Xiamen Hongtai Optical Co., Ltd.,), an innovative leader in the eyewear lens industry, today announced their collaboration for the use of SABIC's LEXAN polycarbonate (PC) resin based on certified renewable feedstock in the lenses of severa…

BASF, SABIC and Linde join forces to realize the world’s first electrically heated steam cracker furnace

BASF, SABIC and Linde have signed a joint agreement to develop and demonstrate solutions for electrically heated steam cracker furnaces.

11 أبريل .. عمومية سابك للمغذيات الزراعية تصوت على توزيع أرباح نقدية بنسبة 10 % عن النصف الثاني 2020

حددت شركة سابك للمغذيات الزراعية يوم 11 أبريل 2021، موعداً لعقد الجمعية العامة العادية للتصويت على توصية مجلس الإدارة بتوزيع أرباح نقدية على المساهمين بنسبة 10% من رأس المال، وبواقع ريال لكل سهم، وذلك عن النصف الثاني من العام المالي 2020، كما يوضح الجدول التالي:

تعيين فهد البتار رئيساً تنفيذياً لـ سابك للمغذيات خلفاً لـ أحمد الجبر المرشح لأحد المناصب القيادية في سابك

أعلنت شركة "سابك للمغذيات الزراعية" عن قرار مجلس إدارتها بناءً على توصية لجنة المكافآت والترشيحات بتعيين الأستاذ فهد بن مسفر البتار كرئيس لشركة سابك للمغذيات الزراعية اعتباراً من 1 مايو 2021م خلفاً للمهندس أحمد بن محمد الجبر المرشح لأحد المناصب القيادية في شركة "سابك".
Show more

SABIC Frequently Asked Questions

  • When was SABIC founded?

    SABIC was founded in 1976.

  • Who are SABIC key executives?

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

  • How many employees does SABIC have?

    SABIC has 33,000 employees.

  • What is SABIC revenue?

    Latest SABIC annual revenue is ﷼139.7 b.

  • What is SABIC revenue per employee?

    Latest SABIC revenue per employee is ﷼4.2 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 85 offices.