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 2020)32,000(-3%)
Revenue (FY, 2020)﷼116.9 B(-16%)
Share Price (Sept 2021)﷼122.6
Cybersecurity ratingBMore

Key People/Management at SABIC

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
Alan Leung

Alan Leung

President - Asia Pacific
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 (86)

SABIC Financials and Metrics

SABIC Revenue

Embed Graph
View revenue for all periods
SABIC's revenue was reported to be ﷼116.95 b in FY, 2020 which is a 16.3% decrease from the previous period.
SAR

Revenue (FY, 2020)

116.9b

Revenue growth (FY, 2019 - FY, 2020), %

(16.3%)

Gross profit (FY, 2020)

22.9b

Gross profit margin (FY, 2020), %

19.6%

Net income (FY, 2020)

1.3b

EBIT (FY, 2020)

4.6b

Market capitalization (14-Sept-2021)

372.0b

Closing stock price (14-Sept-2021)

122.6

Cash (31-Dec-2020)

33.2b

EV

384.8b
SABIC's current market capitalization is ﷼372 b.
SARFY, 2018FY, 2019FY, 2020

Revenue

169.1b139.7b116.9b

Revenue growth, %

13%(17%)(16%)

Cost of goods sold

111.5b104.2b94.1b

Gross profit

57.6b35.5b22.9b
SARFY, 2018FY, 2019FY, 2020

Cash

42.6b38.3b33.2b

Accounts Receivable

21.8b18.3b16.9b

Prepaid Expenses

1.9b1.5b1.1b

Inventories

28.2b26.4b19.3b
SARFY, 2018FY, 2019FY, 2020

Net Income

31.9b8.5b1.3b

Depreciation and Amortization

15.5b20.6b14.2b

Inventories

(2.1b)1.9b2.7b

Accounts Payable

(3.1b)(2.1b)2.2b
SARFY, 2018

Revenue/Employee

5.1m

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x
Show all financial metrics

SABIC Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

505050

Countries Covered

100100

Manufacturing Sites

6868

Innovation Centers

2120
Show all operating metrics

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
Show more

SABIC Revenue Breakdown

Embed Graph

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

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

Show all human capital metrics

SABIC Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

SABIC Online and Social Media Presence

Embed Graph

SABIC Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    D+

    62/100

  • Compensation

    C-

    60/100

  • Diversity

    B+

    73/100

Learn more on Comparably

SABIC News and Updates

Sabic partners with Indian Oil to cut engine emissions

Sabic in collaboration with India’s leading oil marketing company, Indian Oil Corporation Limited (IOCL) will provide Technical Grade Urea (TGU) to manufacture AUS-32 (Aqueous Urea Solution) used in diesel vehicular systems to reduce NO2 emission by over 70% to meet the norms of Bharat Stage VI vehi…

Sabic, St. Johns Packaging and Kingsmill Launch World's First Ever Bread Packaging Based on Recycled Post-Consumer Plastic

SABIC, a global leader in the chemical industry, has announced the successful roll-out of another project as part of its TRUCIRCLE™ program to accelerate the implementation of a circular plastic economy. Allied Bakeries, a major UK based supplier of bakery products, has introduced bread bags made by…

Sabic Collaborates With Indian Oil Corporation Limited to Reduce Emissions From Diesel Engines

SABIC, a global leader in diversified chemicals, in collaboration with India’s leading oil marketing company, Indian Oil Corporation Limited (IOCL) will provide Technical Grade Urea (TGU) to manufacture AUS-32 (Aqueous Urea Solution) used in diesel vehicular systems to reduce NO2 emission by over 70…

«سار» و «سابك» توقعان اتفاقية لنقل البوليمرات لمدة 25 عاماً

وقعت الخطوط الحديدية السعودية (سار)، والشركة السعودية للصناعات الأساسية (سابك)، أمس (الاثنين) 29 محرم 1443 الموافق 6 سبتمبر 2021، اتفاقية لنقل البوليمرات عبر الخطوط الحديدية من الجبيل الصناعية إلى ميناء الملك فهد الصناعي بالدمام لمدة 25 عاماً.

Sabic, Sar Sign Rail Transportation Services Agreement

As part of our social and environmental responsibility to eliminate carbon footprint and reduce congestion on public roads, we signed a rail transportation services agreement with the Saudi Railway Company (SAR) for container movement

Sabic Introduces Unique New Pipe Technology in Collaboration With Major Players in the Pipe Industry

SABIC, a global leader in the chemical industry, today has announced the development of a new technology and range of dedicated polyethylene (PE) and polypropylene (PP) resins that mark a significant leap forward in the performance profile of polyolefin pressure pipes. Together with Tecnomatic and a…
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 Yousef Abdullah Al-Benyan, Abdulaziz Al-Oudan and Khalid Al-Garni.

  • How many employees does SABIC have?

    SABIC has 32,000 employees.

  • What is SABIC revenue?

    Latest SABIC annual revenue is ﷼116.9 b.

  • What is SABIC revenue per employee?

    Latest SABIC revenue per employee is ﷼3.7 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.