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Strategic Partner

SABIC

Time:2014-03-18 10:13:49    Views:406350    Origin:Boao Forum for Asia

SABIC

Saudi Basic Industries Corporation (SABIC) ranks among the world’s top petrochemical companies. The company is among the world’s market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.

 

 

 

SABIC recorded a net profit of SR 23.43 billion (US$ 6.24 billion) in 2014. Sales revenues for 2014 totaled SR 189 billion (US$ 50.40 billion). Total assets stood at SR 341 billion (US$ 90.93 billion) at the end of 2014.

 

 

 

 

 

SABIC’s businesses are grouped into Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics. SABIC has significant research resources with 19 dedicated Technology & Innovation facilities in Saudi Arabia, the USA, the Netherlands, Spain, Japan, India, China and South Korea. The company operates in more than 45 countries across the world with around 40,000 employees worldwide.

 

 

 

 

 

SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific.

 

 

 

 

 

Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.  

 

 

 

 

 

About SABIC Asia

 

 

Established in the 1980s, SABIC Asia has over 40 offices and close to 3000 employees across the region. With 9 manufacturing and compounding sites in China, India, Japan, Korea, Malaysia, Singapore and Thailand, SABIC constantly strives to better serve our customers in the Asian region. A leading global organization in research and technology, we have two Application Centers in Moka, Japan and Sungnam, Korea and three new Technology Centers in Bengaluru, India, Shanghai, China and Suwon, South Korea. Today, Asia is SABIC’s fastest growing region globally with strong double digit growth.