Home Companies SABIC (Saudi Basic Industries Corporation)

SABIC (Saudi Basic Industries Corporation)

SABIC is a global leader in chemicals headquartered in Riyadh, Saudi Arabia. Founded in 1976 by royal decree, the company employs more than 40,000 people globally and has 60 manufacturing and compounding plants in over 40 countries. SABIC manufactures on a global scale, producing chemicals, commodity and high-performance plastics, agri-nutrients and metals.

SABIC is the second largest public company in the Middle East and Saudi Arabia as listed on Tadawul. 70% of the Company's shares are owned by Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock exchange. SABIC's annual revenue was $37.2 billion in 2026. In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500, and has been recognized as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021.

Dr. Abdulrahman Al-Fageeh was appointed as SABIC CEO and Executive Member of the Board of Directors on March 21, 2023. The Chairman of SABIC is Khalid Hashim Al-Dabbagh.

Facts compiled by Executive Moves from publicly available news and press releases on 7 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.

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