SABIC
Saudi Basic Industries Corporation (Arabic: الشركة السعودية للصناعات الأساسية), known as SABIC (Arabic: سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul.
| SABIC | |
Native name | الشركة السعودية للصناعات الأساسية (سابك) |
| Company type | Public |
| Tadawul: 2010 | |
| ISIN | SA0007879121 |
| Industry | Chemicals |
| Founded | September 1976 |
| Headquarters | , |
Key people | |
| Products | Chemicals and intermediates, industrial polymers, fertilizers and metals |
| Revenue | US$52.92 billion (2022) |
| US$6.37 billion (2022) | |
| US$4.41 billion (2022) | |
| Total assets | US$83.49 billion (2022) |
| Total equity | US$49.61 billion (2022) |
| Owner | Saudi Aramco (70%) |
Number of employees | 32,721 (2019) |
| Website | www |
In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500. By the end of 2018 SABIC was the world's 281st-largest corporation. In 2014, the company had sales revenues of $50.4 billion, profits of $6.7 billion and assets standing at $90.4 billion. It also has been recognized as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021.