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The company is the largest producer of petrochemicals and fertilizers in the Middle East; as well as the largest steel producer in GCC.
Overview
SABIC was set up in September 1977 as a Saudi joint stock company in Riyadh, in which the Saudi government owns a 70% stake. The company is the largest basic petrochemicals producer in the Middle East, and one of the largest fertilizers and chemicals producers and exporters worldwide. SABIC also spearheads steel producers in the GCC region.
The group is a diversified manufacturer of chemicals and intermediates; industrial polymers; fertilizers and metals fields in more than 40 countries.
The group produces ethylene, propylene, butadiene, methanol, benzene, caustic soda, glycol, industrial gases, PVC & polyester, polyethylene, polypropylene, thermoplastic resins, urea fertilizers, and long & flat hot and cold rolled steel products. Chemicals represent over 60% of SABIC’s total production.
Basic Information
| City: | Riyadh |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 1977 |
| Website: | www.sabic.com |
| IR@SABIC.com | |
| Phone | +966 11 2258000 |
| Fax | +966 11 2259000 |
| Address | Saudi Basic Industries Corporation Building- Riyadh 11422 |
| PO Box | 5101 |
Argaam Classification
Industry Peers
| Industries Qatar |
| EQUATE Petrochemical Co. |
Financials Highlights (M )
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | December |
| Free Float (M) : | 669.44 |
| Free Float % : | 22.31 |
| Weight in Index % : | 6.77 |
| 3M Average Volume : | 2,448,445.73 |
| 3M Average Transactions : | 4,577.49 |
| Foreign Ownership : | - |
Subsidiaries & Associates
| Company | Country | Percentage |
|---|---|---|
| Specialty Chem | Saudi Arabia | 100.00 % |
| SABIC Services Supply | Saudi Arabia | 100.00 % |
| SCFC | Saudi Arabia | 100.00 % |
| Sadaf | Saudi Arabia | 100.00 % |
| SABCAT | Saudi Arabia | 100.00 % |
| Hadeed | Saudi Arabia | 100.00 % |
| Petrokemya | Saudi Arabia | 100.00 % |
| SLUX | Luxembourg | 100.00 % |
| SABIC Industrial Investments | Saudi Arabia | 100.00 % |
| Ibn Zahr | Saudi Arabia | 80.00 % |
| United | Saudi Arabia | 75.00 % |
| Ar-Razi | Saudi Arabia | 75.00 % |
| Ibn Al-Baytar | Saudi Arabia | 71.50 % |
| Gas | Saudi Arabia | 70.00 % |
| YANSAB | Saudi Arabia | 51.95 % |
| SABIC SK Nexlene | Singapore | 50.00 % |
| SSTPC | China | 50.00 % |
| SAMAC | Saudi Arabia | 50.00 % |
| Shrouq | Saudi Arabia | 50.00 % |
| Kemya | Saudi Arabia | 50.00 % |
| SHARQ | Saudi Arabia | 50.00 % |
| Ibn Sina | Saudi Arabia | 50.00 % |
| Yanpet | Saudi Arabia | 50.00 % |
| Al-Bayroni | Saudi Arabia | 50.00 % |
| Ibn Rushd | Saudi Arabia | 48.07 % |
| SAFCO | Saudi Arabia | 42.99 % |
| Saudi Kayan | Saudi Arabia | 35.00 % |
| GPIC | Bahrain | 33.33 % |
| GARMCO | Bahrain | 30.40 % |
| MPC | Saudi Arabia | 30.00 % |
| Dussur | Saudi Arabia | 25.00 % |
| Clariant | Switzerland | 24.99 % |
| Marafiq | Saudi Arabia | 24.81 % |
| Alba | Bahrain | 20.62 % |