Saudi Basic Industries Corporation (SABIC)

SABIC specialized in Petrochemical and industrial fields. Most of the company own by Aramco company, and the rest for the public traders on the Saudi stock exchange.

Background:

Since SABIC’s founding, its employees have exhibited a remarkable ability to do what others said couldn’t be done.

Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the Company’s shares are owned by Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock exchange. SABIC began in 1976 by Royal decree and its growth has been nothing short of miraculous. Today, the company has operations in over 50 countries with a global workforce of over 33,000 talented individuals.

LEADERSHIP:

The Chairman of SABIC is Khalid Hashim Al-Dabbagh. Vice-Chairman and Chief Executive Officer, Yousef Abdullah Al-Benyan, leads the global management team. The company is overseen by a Board of Directors taken from government and the private sector.

ORGANIZATION:

SABIC is composed of four strategic business units – Petrochemicals, Specialties, Agri-Nutrients, and Metals – each headed by an Executive Vice President. They support customers by data and developing opportunities in key end markets such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation, and clean energy.

Website: https://www.sabic.com/en
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