SABIC

What SABIC does

SABIC (Saudi Basic Industries Corporation) is a Saudi Arabian diversified chemicals manufacturer founded by royal decree in September 1976 and headquartered in Riyadh. It operates four strategic business units — Polymers, Chemicals, Agri-Nutrients and Specialties — producing commodity and high-performance plastics (polyethylene, polypropylene, polycarbonate, ABS, PBT, ASA, PC/ABS and PC/PBT blends), foundational chemicals (aromatics, glycols, methanol, propylene oxide, olefins and oxygenates), nitrogen-based fertilizers (urea and ammonia), and specialty engineering resins (ULTEM, EXTEM, SILTEM, NORYL, LNP compounds and LEXAN). The company produced 55.5 million metric tons of chemicals in 2025 across 60 manufacturing and compounding plants, holds a portfolio of more than 10,700 patents, and serves customers in more than 140 countries through direct enterprise sales offices, regional hubs in Amsterdam, Houston and Singapore, and dedicated eBusiness portals.

SABIC's business model is B2B and quote-based, with revenues generated through one-time product sales (rather than licensing or subscription) across nine core end-markets: agriculture, automotive, building & construction, consumer products, electrical & electronics, hygiene and healthcare, industrial, mass transportation and packaging. The company employs more than 26,000 people globally and reported 2025 revenue of SAR 116.5 billion (approximately USD 31 billion). Ownership is concentrated, with Saudi Aramco holding a 70% controlling stake acquired in 2020 and the remaining 30% publicly traded on the Saudi Exchange (Tadawul) under ticker SA0007879112; the state-linked capital structure underpins feedstock integration with Aramco's upstream operations. Notable customers disclosed in the data include Samsung Electronics, SK Hynix, AMD, Daeduck Electronics, Victory Giant Technology, and the Bangladesh Government for urea procurement. Recent strategic moves emphasize portfolio rationalization — including USD 950 million of European divestments in 2025 and the La Aljorra Spanish asset auction in 2026 — alongside offensive specialty launches targeting aerospace composites, photovoltaic components and postconsumer-recycled electronics compounds.

Name

SABIC

Legal name

Saudi Basic Industries Corporation

Website

https://sabic.com

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

SABIC is a Saudi Arabia-based diversified chemicals manufacturer producing polymers, specialty engineering resins, commodity chemicals and agri-nutrients across 60 plants in 44 countries. Controlled by Saudi Aramco (70%) and publicly listed on Tadawul, it serves industrial customers in 140+ countries with 2025 revenue of approximately USD 31 billion.

Ownership category

akta.pro rank

Product category

Petrochemicals

NAICS

Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114)

SIC

Food And Kindred Products (2000)

akta.pro primary industry

Chlor-Alkali & Derivatives (IMAEAAAC)

akta.pro secondary industry

Food & Beverage Process & CIP/Sanitation Chemicals (IMAEAJAK)

Keywords

• Petrochemicals manufacturing
• Engineering thermoplastics
• Polymer resins
• Agri-nutrient fertilizers
• Specialty chemicals

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices18 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Polymers: SABIC manufactures and sells a complete range of polymer products including polyethylene, polypropylene, polycarbonate, ABS, and engineering plastics for various industries.
2. Specialties: SABIC Specialties Business serves advanced technology spaces with high performance polymers, specialty compounds and additives, and advanced materials including ULTEM, LNP, NORYL, and EXTEM resin families.
3. Chemicals: SABIC's chemicals portfolio constitutes the most basic building blocks of a large variety of other chemicals and advanced materials including glycols, aromatics, olefins, and oxygenates.
4. Agri-Nutrients: SABIC supplies a comprehensive portfolio of nitrogen-based inorganic products including urea, ammonia, and fertilizers, serving customers throughout Middle East, Far East, Africa, and the Americas.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

SABIC is a diversified chemicals manufacturer that produces and sells commodity and high-performance plastics, differentiated chemicals, and agri-nutrients globally. Its portfolio spans four strategic business units—Polymers, Specialties, Chemicals, and Agri-Nutrients—serving industrial customers in automotive, electronics, packaging, construction, healthcare, and agriculture.

Product overview

SABIC is a global diversified chemicals company offering a comprehensive portfolio organized into four strategic business units: Polymers, Chemicals, Agri-Nutrients, and Specialties. The Polymers unit provides engineering thermoplastics including CYCOLAC (ABS), GELOY (ASA), VALOX (PBT), LEXAN (Polycarbonate), CYCOLOY (PC/ABS), XENOY (PC/PBT), XYLEX, polyethylene, polypropylene, and specialty compounds. The Specialties unit serves advanced technology spaces with high-performance polymers including ULTEM (PEI), EXTEM (TPI), SILTEM, LNP Compounds, NORYL (PPE) resins, and LNP Elcrin PCR-based compounds. The Chemicals unit produces foundational building blocks including aromatics, glycols, methanol, propylene oxide, and oxygenates. The Agri-Nutrients unit supplies urea, ammonia, and nitrogen-based fertilizers. Additionally, SABIC offers value-added services including Small Order Quantities, Fast Formulation, Molded Sample Xpress, ColorXpress color services, and Engineering Tools. Recent product launches include LNP Elcrin DC0051RC1 with 75% PCR content, NORYL V0150TW/V0150IR2 laser-weldable resins for solar PV, and Ultem SU3102P reactive oligomer for aerospace composites.

Differentiator

Problem solved

Functional benefit

Brands

• SABIC Agri-Nutrients: Subsidiary focused on fertilizers and nitrogen-based inorganic products for agriculture.
• TRUCIRCLE
• BLUEHERO
• NORYL
• ULTEM
• LNP
• LEXAN
• CYCOLAC
• VALOX
• Nusaned

Products and services

• CYCOLAC Resin (ABS)

Quantifiable outcome

• Reduced component part size by up to 40%, weight by up to 35%, and material usage by up to 30% with laser-weldable NORYL resins
• +2 more outcomes

Named customers6 records

Segments9 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered minor, core and strategic.

• Folk MaritimeminorStrategic or Co-development Partner · 20 May 2026Partnership with Folk Maritime and SABIC to launch Red Sea Express shipping service connecting Yanbu with Egypt and Jordan, capacity up to 1,100 TEUs.
• Sadara Chemical CompanycoreStrategic or Co-development Partner · 1 January 2020$20 billion joint venture between Saudi Aramco and Dow, with SABIC operations at Jubail complex. Sadara is one of the world's largest integrated petrochemical facilities.
• Aramco-Sinopec-YasrefstrategicStrategic or Co-development PartnerPetrochemical expansion framework partnership between Aramco, Sinopec, and Yasref in which SABIC participates as part of Aramco ecosystem.
• BASF-SABIC-LindestrategicStrategic or Co-development PartnerJoint development of electrically heated steam cracking furnace demonstration project signaling strategic shift toward circularity and lower-carbon production.
• SABIC Fujian PetrochemicalstrategicStrategic or Co-development PartnerJoint venture for Zhangzhou Ethylene Plant project in China as part of major capacity expansion.
• European Suppliers (Aramco)strategicOthersAramco deployed around €80 billion with European suppliers as part of regional investment strategy.

Scale indicators11 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• INEOS Group: INEOS is a privately-held global petrochemicals manufacturer producing olefins, polyolefins, and specialty chemicals with comparable product breadth to SABIC across petrochemicals and polymers in Europe, the Americas, and Asia.
• Covestro AG: Covestro is a leading German specialty polymers producer (polycarbonates, polyurethanes, coatings) recently acquired by ADNOC. Comparable to SABIC's LEXAN polycarbonate franchise and broader engineering plastics portfolio serving automotive, electronics, and construction.
• Dow Inc. Dow is a major US-based petrochemicals and performance materials producer with overlapping polyolefins, polyurethanes, and packaging materials portfolios. Dow is also SABIC's JV partner (with Aramco) in the Sadara $20B integrated petrochemical complex in Jubail.
• Asahi Kasei Corporation: Asahi Kasei is a Japanese specialty chemicals and materials producer, and the primary competitor to SABIC's NORYL polyphenylene ether (PPE) resin franchise. Asahi Kasei's XYRON PPE is the most likely alternative qualification target for Samsung, SK Hynix, and AMD following the Jubail disruption.
• Eastman Chemical Company: Eastman is a US-based specialty chemicals company producing advanced materials, additives, and specialty plastics with comparable high-performance materials positioning to SABIC's Specialties business unit.
• Westlake Corporation: Westlake is a US-based petrochemicals and building products company producing polyethylene, PVC, and chlorovinyls with integrated upstream operations. Comparable commodity polymers exposure and integrated feedstock-to-product model to SABIC.
• LyondellBasell Industries: LyondellBasell is one of the world's largest producers of polyethylene, polypropylene, and advanced polymers, with a similar polyolefins-centric portfolio. Direct overlap in commodity and specialty polyolefins used in packaging, automotive, and consumer products.
• Formosa Plastics Corporation: Formosa Plastics is a major Taiwanese petrochemicals group producing PVC, polyethylene, polypropylene, and other olefins/polymers. Comparable to SABIC's commodity polymers segment, particularly across Asian markets.
• Mitsubishi Chemical Group: Mitsubishi Chemical is a Japanese diversified chemicals and specialty polymers producer with overlapping portfolios in performance polymers, advanced materials, and basic chemicals serving automotive, electronics, and industrial markets.
• BASF: BASF is the world's largest diversified chemical company, offering a comparable portfolio of petrochemicals, performance polymers, and agricultural solutions across 90+ countries. Both compete head-to-head in polymers, specialty plastics, and crop protection/fertilizers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/sabic
• YouTubeyoutube.com/SABIC
• Facebookfacebook.com/sabiccorp
• LinkedInlinkedin.com/company/sabic
• Instagraminstagram.com/sabic

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SABIC