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Saudi Basic Industries Corporation
Company Information

Damman Highway
Riyadh, Saudi Arabia
+966-1-225-8000
http://www.sabic.com

Saudi Basic Industries Corporation Rankings

#63 in FT Global 500 (July 2012)

Top 3 Competitors

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Saudi Basic Industries Corporation Company Profile

SABIC is an acronym for Saudi Basic Industries Corporation, but it could also stand for "seriously big industrial chemicals company." Saudi Arabia's largest non-oil company, SABIC produces operates through six units: chemicals, performance chemicals, polymers (polyolefins, PVC, and polyester), SABIC Innovative Plastics, fertilizers, and metals (mostly steel, along with stakes in aluminum companies). SABIC is one of the world's largest makers of polyethylene and polypropylene (with LyondellBasell and Ineos). Its Saudi Iron and Steel Company is one of the world's largest fully-integrated steel producers. SABIC it is majority owned (70%) by the Saudi government.