SABIC was established in 1976 to add value to Saudi Arabia's natural
hydrocarbon resources. Today, SABIC is among the leading petrochemical
companies in terms of sales and product diversity. Headquartered in
Riyadh, we are also one of the Middle East's l argest non-oil industrial
companies. (Global Ranking).
SABIC's businesses are grouped into
six strategic business units, supported by corporate departments and a
Shared Services organization. The SBU's are Basic Chemicals;
Intermediates; Polyolefin's; PVC and Polyester; Fertilizers and Metals.
SABIC's manufacturing network in Saudi Arabia consists of 18
affiliates. Most of these are based in the Al-Jubail Industrial City on
the Arabian Gulf. Three are located in Yanbu Industrial City on the Red
Sea and one in eastern province city of Dammam. SABIC is also partners
in three regional ventures based in Bahrain.
The vision that led
to the creation of SABIC was closely associated with the aspirations of
Saudi Arabia as a developing nation. SABIC continues to play an
important role in achieving some of those aspirations, including the
development of the country's human resources. We are also committed to
Saudi social and cultural values and international business and
environmental standards.
SABIC is
owned by the Saudi Government (70%) and the private sector (30%).
Private sector shareholders are from Saudi Arabia and other countries
of the six-nation Gulf Cooperation Council (GCC)
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