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.
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 recycling of challenging mixed plastic waste back to the original polymer.
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 extrusion facility to be built at the same location.
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 automotive, pipe, appliances and advanced packaging.
Sabic Cracker upgrade on Teesside Wilton
Major plans to upgrade Wilton’s Cracker will create many hundreds of construction jobs - and safeguard thousands more on Teesside.