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Sabic

AddedFeb 15, 2024

UpdatedJul 7, 2026

Sabic

Acquired Subsidiary

SABIC is a Saudi Arabia-based petrochemicals manufacturer serving customers across polymers, chemicals, and agri-nutrients.

HQ

Riyadh, Riyadh Province, SA

Founded

SABIC, headquartered in Riyadh, Saudi Arabia, manufactures and markets petrochemicals, polymers, specialty materials, and agri-nutrients to customers in more than 140 countries. Founded in 1976 as a Saudi government initiative to build domestic industrial capacity, the company operates major production facilities in Al-Jubail and Yanbu and employs more than 26,000 people.

SABIC organizes its operations across four segments — Polymers, Specialties, Chemicals, and Agri-Nutrients — serving automotive, agriculture, construction, electronics, healthcare, and packaging industries. Saudi Aramco completed a 70% stake acquisition in June 2020 for approximately $69.1 billion, making SABIC a subsidiary while shares continue to trade on the Saudi Exchange.

Sabic - M & A Snapshot

'Scientific Design'
Acquired by Sabic • $130M • Jun 30, 2022
Aramco
Acquired Sabic • $69.1B • Jun 17, 2020
'GE Plastics'
Acquired by Sabic • $11.6B • Aug 31, 2007
'Huntsman Petrochemicals'
Acquired by Sabic • $700M • Mar 31, 2007
'DSM Petrochemicals'
Acquired by Sabic • $2.3B • Jul 1, 2002

Sabic - Products & Services

SABIC Polymers
SABIC Polymers is a broad portfolio of polyethylene, polypropylene, and elastomer resins for global packaging and industrial customers.
Competing Products

Sabic - Similar Companies

ExxonMobil

Sabic Innovative Plastics Us

BASF

basf.com

Solvay

solvay.com

Lubrizol

Dow

dow.com

National Petrochemical Industrial Company

LyondellBasell Industries

lyondellbasell.com

Aramco

aramco.com

Shell

shellenergy.com

Covestro

covestro.com

Cabot

Mitsui Chemicals

Hanwha Impact Partners

PTT Global Chemical Public Company

pttgcgroup.com

Sabic - Quick Facts

Who are Sabic's competitors?

Companies similar to Sabic include ExxonMobil, Sabic Innovative Plastics Us, BASF and Solvay.

When was Sabic founded?

Sabic was founded in 1976.

Where is Sabic's headquarters located?

Sabic's headquarters is located in Riyadh, Riyadh Province, SA.

When was Sabic's last funding round?

Sabic's most recent funding round was for $69.1B (USD) in March 2019.

How much has Sabic raised to-date?

As of Mar 27, 2019, Sabic has raised a total of $69.1B (USD).

Sabic - Classification

Industry: Petrochemical Companies
Ownership: Public
Technology: Manufacturing
Geographic Exposure: Global

Model: B2B
Manufacturer
Revenue: Transactional
Customer: Enterprise
Government

Tags: Distribution

NAICS: 320000Manufacturing
325100Basic Chemical Manufacturing
325110Petrochemical Manufacturing
325000Chemical Manufacturing
SIC: 2860Industrial Organic Chemicals
2869Industrial Organic Chemicals, Not Elsewhere Classified
2800Chemicals And Allied Products

Show 13 more industry codes

NAICS: 210000Mining, Quarrying, and Oil and Gas Extraction
211000Oil and Gas Extraction
211100Oil and Gas Extraction
211120Crude Petroleum Extraction
325300Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing
325320Pesticide and Other Agricultural Chemical Manufacturing
SIC: 1300Oil And Gas Extraction
1310Crude Petroleum And Natural Gas
1311Crude Petroleum And Natural Gas
2870Agricultural Chemicals
2879Pesticides And Agricultural Chemicals, Not Elsewhere Classified
2890Miscellaneous Chemical Products
2899Chemicals And Chemical Preparations, Not Elsewhere Classified