SABIC
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SABIC (SAudi Basic Industries Corporation) (Arabic: الشركة السعودية للصناعات الأساسية ، سابك ) is a diversified manufacturing company, active in chemicals and intermediates, industrial polymers, fertilizers and metals. It is the largest public company in Saudi Arabia, as listed in Tadawul, but the Saudi government still owns 70% of its shares. SABIC is also the largest listed company in the Middle East. Private shareholders are from Saudi Arabia and other countries of the six-nation Gulf Cooperation Council (GCC).
SABIC is currently the second largest global ethylene glycol producer and is expected to top the list after the introduction of new projects. SABIC is the third largest polyethylene manufacturer, the fourth largest polyolefins manufacturer, and the fourth largest polypropylene manufacturer. SABIC is also the world’s largest producer of mono-ethylene glycol, MTBE, granular urea, polycarbonate, polyphenylene and polyether imide.
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SABIC today signed a MOU with Saudi Aramco and PKN Orlen for growth in Poland and Central and Eastern Europe.
The agreement will enable studying of several potential collaboration and investment opportunities including a new chemical production facility in Poland, the expansion of several existing assets a...
Near Billion Pound Investment For Green Energy Plant At SABIC Confirmed at Wilton, UK
Sabic have agreed funding to restart its hydrocarbon cracker at Wilton and convert it to run on hydrogen, a greener source of energy. The conversion would also aid the Government’s green energy amb...
SABIC builds a semi-commercial facility for the production of pyrolysis oil from plastic waste at Chemelot, The Netherlands
The output from the facility will initially provide materials for SABIC’s downstream collaborators but the long term intention is to rapidly scale up the supply of its certified circular polymers f...
SABIC signs memorandum of understanding with PLASTIC ENERGY for supply of recycled feedstock
The project represents an important step for SABIC in its commitment towards a circular economy. SABIC is the first petrochemical company to implement an investment project for the chemical recyc...
Sabic continues global growth with innovative polypropylene ventures in Europe
SABIC continues its global expansion with the inauguration of a new polypropylene (PP) pilot plant in Geleen, the Netherlands, and the announcement of a new investment in a state-of-the-art PP extr...
New PP pilot plant enables Sabic to meet key industry needs
The plant, which will use gas-phase polymerization technology, will support the production at nearby full-scale plants of superior materials that meet the needs of the different industries like aut...
Sabic Cracker shale gas conversion on Teesside Wilton, UK
Major plans to upgrade Wilton’s Cracker will create many hundreds of construction jobs - and safeguard thousands more on Teesside.