SABIC

SABIC, or Saudi Basic Industries Corporation, is a leading diversified manufacturing company based in Saudi Arabia, primarily engaged in the production of chemicals, intermediates, industrial polymers, fertilizers, and metals. As the largest public company in the country and a significant player in the Middle East, SABIC is predominantly owned by the Saudi government, which holds 70% of its shares. The company ranks as the second largest global producer of ethylene glycol and is notable for its substantial production of various chemicals and materials, including mono-ethylene glycol, MTBE, granular urea, and polycarbonate. SABIC operates through several key segments, including Petrochemicals and Specialties, Agri-nutrients, and Hadeed, with the Petrochemicals segment generating the majority of its revenue. Over the years, SABIC has consistently ranked among the world's largest corporations, reflecting its significant sales revenues and assets. With a strong focus on innovation and sustainability, SABIC aims to expand its global footprint and enhance its production capabilities across various sectors.