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sabic.com

Founded Year

1976

Stage

Corporate Majority - P2P | IPO

About SABIC

Saudi Basic Industries manufactures, markets, and distributes chemicals, polymers, plastics, agri-nutrients, and metal products worldwide. The company operates through petrochemicals, agri-nutrients, and hadeed segments.

SABIC Headquarter Location

Damman Highway Qordoba

Riyadh, 11422,

Saudi Arabia

+966 112258000

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Research containing SABIC

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned SABIC in 2 CB Insights research briefs, most recently on Dec 7, 2021.

SABIC Patents

SABIC has filed 2984 patents.

The 3 most popular patent topics include:

  • Polymers
  • Thermoplastics
  • Chemical processes
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/3/2019

5/3/2022

Chemical processes, Commodity chemicals, Oil refining, Industrial gases, Petroleum products

Grant

Application Date

12/3/2019

Grant Date

5/3/2022

Title

Related Topics

Chemical processes, Commodity chemicals, Oil refining, Industrial gases, Petroleum products

Status

Grant

Latest SABIC News

» Expansions: Sabic begins pre-commissioning work at Chinese PC plant; Wanhua’s new chemical complex in China New

May 17, 2022

Chemical firm Sabic has started the pre-commissioning activities at its jointly owned US$1.7 billion polycarbonate (PC) production complex in the Tianjin Binhai New Area of China. The project is developed by Sinopec Sabic Tianjin Petrochemical Company (SSTPC), a joint venture between Sabic and state-owned oil major Sinopec. Spread over a sprawling 670,000 sq m area, the new complex comes as part of Phase Two of the project and was approved by China’s National Development and Reform Commission (NDRC) in 2012. Phase One project, with a capacity of 1 million tonnes/year of ethylene, began production in 2010. There is no change in the scope of the project and therefore the associated costs have not changed. Sabic said the project’s pre-operational activities have commenced with a capacity of 26,000 tonnes/year, adding that the financial impact will be reflected upon the start of operations. In other news, Chinese petchem supplier and one of the world’s largest producers of PU chemcals Wanhua Chemical is to invest US$3.6 billion to build a chemical complex in Penglai, China, by 2024. The project will comprise a propane dehydrogenation plant (PDH) with 900,000 tonnes/year of capacity and will also make propylene oxide, polyether polyols, ethylene oxide, acrylic acid, polypropylene (PP), and other products. In 2021, Wanhua announced plans to build a new PDH plant in Fujian Province, southern China, adding to the PDH plant it operates at Yantai, eastern China. The new plant will be built within the Fujian Jiangyin economic zone, near the city of Fuqing. According to sources, the plant is expected to be completed in 2023. As well in 2020, Wanhua had plans for a second ethylene cracker project at its Yantai, China, site. It includes a 1.2-million tonnes/year ethylene unit; pyrolysis gasoline hydrogenation; aromatics extraction; and production facilities for butadiene, HDPE, LDPE, PE plastomers and elastomers, PP, and other derivatives. Timing and other details were not disclosed. The second ethylene project will use naphtha and C4s as feedstock. (PRA)

SABIC Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
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SABIC Rank

  • When was SABIC founded?

    SABIC was founded in 1976.

  • Where is SABIC's headquarters?

    SABIC's headquarters is located at Damman Highway, Riyadh.

  • What is SABIC's latest funding round?

    SABIC's latest funding round is Corporate Majority - P2P.

  • Who are the investors of SABIC?

    Investors of SABIC include Saudi Aramco.

  • Who are SABIC's competitors?

    Competitors of SABIC include TASNEE.

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