Saudi European Petrochemical Company (IBN ZAHR)

Saudi European Petrochemical Company (IBN ZAHR)

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Last update: Dec 6, 2024 Last update: Dec 6, 2024
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Details

Legal residence:Saudi Arabia
Organization type:Supplier / manufacturer
Funding agencies:Other
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Sectors:Industry, Commerce & Services, Laboratory & Measu ...
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Industry, Commerce & Services, Laboratory & Measurement
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About

Since SABIC’s founding in 1976 by a royal decree, it has exhibited a remarkable ability to do what others said could not be done.

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. Today, the company has operations in around 50 countries with a global workforce of over 31,000 talented individuals.

To find out how SABIC was created, and how it achieved its current success, please see the Corporate Profile pages. Or, for an idea of our size and capacity, see the Facts and Figures page.

SABIC operates through three Strategic Business Units – Petrochemicals, Agri-Nutrients and Specialties – and one standalone organization, Metals (Hadeed). They support customers by identifying and developing opportunities in key end markets such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.

 

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