Who is the owner of SABIC?

Who is the owner of SABIC?

Saudi Aramco
SABIC/Parent organizations

Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the company’s shares are owned by Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock exchange.

What type of company is SABIC?

Saudi Basic Industries Corporation
Saudi Basic Industries Corporation (Arabic: الشركة السعودية للصناعات الأساسية‎), known as SABIC (Arabic: سابك‎), is a Saudi Arabian multinational chemical manufacturing company, and a subsidiary of the state-owned petroleum and natural gas company Saudi Aramco.

What does the company SABIC do?

We support our customers by identifying and developing opportunities in key end markets such as electrical and electronics, transportation, medical devices, construction, packaging, agri-nutrients and clean energy. SABIC has more than 33,000 employees worldwide and operates in more than 50 countries.

Is SABIC a publicly traded company?

Yes, SABIC is a public company listed on the Tadawul Stock Exchange – TASI – of Riyadh, Saudi Arabia. Saudi Aramco owns 70% of the company’s shares, and private investors in Saudi Arabia, the GCC countries , the Qualified Foreign Investor (QFI) and the authorized persons to enter into Swap agreements hold the rest.

Who is the CEO of Sabic?

Yousef Al-Benyan (Feb 15, 2015–)
SABIC/CEO

Who is the chairman of Sabic?

KHALID HASHIM ALDABBAGH
BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT

KHALID HASHIM ALDABBAGH Chairman
MOHAMMED TALAL ALNAHAS Board Member
DR. KHALED HAMZA NAHAS Board Member
ABDULLAH MOHAMMED ALISSA Board Member
CALUM MACLEAN Board Member

What does Sabic produce?

SABIC is a market leader in key products such as ethylene, ethylene glycol, methanol, MTBE, polyethylene and engineering plastics and its derivatives. Petrochemicals, SABIC’s largest strategic business unit, accounts for the bulk of the company’s total production.

Who is the CFO of Sabic?

Mr. Leveille is the Executive Vice President for Corporate Finance, and is Chairman of the Supervisory Board of SABIC CAPITAL B.V.

How large is SABIC?

It has more than 32,000 employees worldwide and operates in around 50 countries. Fostering innovation and a spirit of ingenuity, SABIC has 9,946 global patent filings, and has significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.

Where are the factories of SABIC located in Saudi Arabia?

SABIC’s manufacturing network in Saudi Arabia consists of 18 affiliates. Most of these are based in the Al-Jubail Industrial City on the coast of the Persian Gulf. Two are located in Yanbu Industrial City on the Red Sea and one is in the eastern city of Dammam.

Who are the owners of SABIC petrochemicals company?

Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the company’s shares are owned by Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock exchange. SABIC’s growth has been nothing short of miraculous.

Who is the Chief Executive Officer of SABIC?

Vice-Chairman and Chief Executive Officer, Yousef Abdullah Al-Benyan, leads the global management team. The company is overseen by a Board of Directors. SABIC operates through three Strategic Business Units – Petrochemicals, Agri-Nutrients and Specialties – and one standalone organization, Metals (Hadeed).

How many countries does SABIC have operations in?

Today, the company has operations in over 50 countries with a global workforce of over 32,000 talented individuals. To find out how SABIC was created, and how it achieved its current success, please see the Corporate Profile pages.