SABIC
SABIC is a global leader in diversified chemicals headquartered in Riyadh, Saudi Arabia. We manufacture on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.
We support our 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.
SABIC recorded a net profit of SR 18.4 billion (US$ 4.9 billion) in 2017. Sales revenues for 2017 totaled SR 149.8 billion (US$ 39.9 billion). Total assets stood at SR 322.5 billion (US$ 86 billion) at the end of 2017. Production in 2017 stood at 71.2 million metric tons.
SABIC has more than 34,000 employees worldwide and operates in more than 50 countries. Fostering innovation and a spirit of ingenuity, we have 11,534 global patent filings, and have significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.
The Saudi Arabian government owns 70 percent of SABIC shares with the remaining 30 percent publicly traded on the Saudi stock exchange.
SABICEuropaboulevard 1
6135 LD Sittard
Netherlands
+31 46 722 2222
www.sabic.com
16 Jan 2019
SABIC acquires majority stake in carbon nanotube business for energy storage applications
SABIC announced today that it has taken a majority stake in Black Diamond Structures (“BDS”), a nanotechnology company established in 2014. BDS produces and commercializes MOLECULAR REBAR®, a proprietary technology of modified carbon nanotubes that offers great potential for enhancing the performance of energy storage applications using lead-acid and lithium-ion batteries.
14 Dec 2018
SABIC marks 70th anniversary of LNP™ product line with technical summit in Taiwan
A technical summit on SABIC’s LNP™ product line in Taipei, Taiwan last week attracted more than 130 customers. The event was held to mark the 70 years since the LNP™ product line was introduced in 1948, setting itself on a course that has helped define the world of high-performance plastics compounding.
10 Dec 2018
SABIC, PLASTIC ENERGY en Renewi zetten een eerste stap in chemisch recycleren van gemengd plastic afval in Nederland
SABIC, PLASTIC ENERGY en Renewi vinden het belangrijk dat de chemische recycling in Nederland toeneemt. Immers, chemische Recycling pakt niet alleen het probleem van de plastic afvalstromen aan, maar draagt bovendien bij aan de verlaagde uitstoot van broeikasgassen. Vorige week kondigde SABIC (een wereldleider binnen de chemische industrie) aan dat zij samen met PLASTIC ENERGY Ltd. (een Britse pionier in de recycling van chemische kunststoffen) en Renewi (toonaangevend internationaal waste-to-product bedrijf) een geavanceerde oplossing ontwikkelen voor de recycling van gemengd plastic afval in Nederland. Dit is een eerste belangrijke stap. Echter, de inzet van chemische recycling moet worden versneld, zodat de circulaire economie een effectieve impuls krijgt en het milieu wordt geholpen. Dit kan alleen met verdere stimuleringsmaatregelen vanuit de overheid en initiatieven van meerdere belanghebbenden.
4 Dec 2018
SABIC signs memorandum of understanding with PLASTIC ENERGY for supply of recycled feedstock
SABIC, a global leader in the chemical industry, has today announced it has signed a memorandum of understanding (MoU) with UK-based PLASTIC ENERGY Ltd., a pioneer in chemical plastics recycling, for the supply of feedstock to support SABIC’s petrochemical operations in Europe. SABIC and PLASTIC ENERGY intend to build a first commercial plant in the Netherlands to refine and upgrade a valuable feedstock, known as TACOIL, a patented PLASTIC ENERGY product, which will be produced from the recycling of low quality, mixed plastic waste otherwise destined for incineration or landfill . The plant, which is anticipated to enter commercial production in 2021, is a significant milestone for SABIC towards the company’s commitment to establishing a circular economy and, more broadly, its sustainability goals.
14 Nov 2018
New LEXAN™ CXT film from SABIC offers high thermal process stability and transparency for demanding printed electronic substrates
SABIC is presenting an innovative new transparent high-heat LEXAN™ CXT film product at the IDTechEx show in California. The new polycarbonate (PC) based technology combines superior optical clarity and high design flexibility with excellent thermal and dimensional stability at elevated process temperatures. The material was specially developed to provide a high-performance and cost-efficient solution for substrates in the rapidly growing flexible printed electronics market as well as for other applications exposed to high processing and/or in-use temperatures.
13 Nov 2018
SABIC features differentiated material solutions to advance additive manufacturing processes and spark application innovation at Formnext
SABIC, a global leader in the chemical industry, is reaffirming, through a multi-faceted exhibition here at Formnext 2018 (stand #3.1-G80), its determination to further the evolution of additive manufacturing technology and promote application innovation. By leveraging its unique, high-performance resin technologies and process capabilities to develop differentiated material solutions for various additive manufacturing processes, SABIC is creating significant value for customers and the industry as a whole.
12 Nov 2018
SABIC expands its PP portfolio with new impact copolymer that offers aesthetically appealing surfaces with potentially significant cost savings for home appliances & consumer goods
SABIC, a global leader in the chemical industry, announces the launch of a new impact copolymer (ICP) grade – SABIC® PP PPA20 – targeted at demanding home appliances as well as high-end cosmetics, furniture and other household consumer goods. Apart from its high gloss feature that enables production of aesthetically appealing surfaces, the new compound is developed to offer well-balanced mechanical properties and easy processability, making it a promising alternative to incumbent ABS materials in these markets.
9 Nov 2018
LNP at 70: full of energy and innovation
The LNP™ product line, part of global leader of diversified chemicals SABIC and the company’s foremost brand for engineering thermoplastics, this year celebrates 70 years of successful operation. A pioneer in compounding technologies, the LNP product brand has a string of important technological achievements behind it. “And scientists and technologists behind the LNP portfolio continue to push the limits of technical performance, solving new challenges on a regular basis, while remaining committed to provide unique offerings and help create value for our customers,” said Joshua Chiaw, Director, Business Management, LNP, SABIC.
24 Oct 2018
SABIC to introduce new ultra-high melt flow PP for lightweight breathable nonwoven fabrics in personal hygiene applications
At the upcoming RISI Asia Pacific Hygiene Products Symposium, SABIC will unveil an innovative new polypropylene (PP) resin product engineered to deliver enhanced properties in melt-blown fibers for nonwoven fabrics. The new product, designated SABIC® PP 514M12, can serve a wide range of potential end-uses in personal hygiene applications and other market segments. It is the first grade of a new family of high-flow resin compounds which SABIC started to develop only two years ago, and is expected to be commercially available by end of 2018.
11 Oct 2018
SABIC launches superior non-ionic surfactant along with showcase of market leading fluids at SEPAWA 2018
As a global leader in the chemical industry, SABIC will unveil its innovative non-ionic surfactant along with a complete showcase of its leading Fluids product portfolio at the 2018 SEPAWA Congress and European Detergents Conference from 10-12 October in Berlin, Germany.
9 Oct 2018
SABIC Vice Chairman and CEO delivers keynote address at 52nd European petrochemical association annual meeting
As a global leader in the chemical industry, SABIC plays a prominent role in the European Petrochemical Association’s (EPCA) annual meeting in Vienna from 7-10 October. The company’s Vice Chairman and CEO, Yousef bin Abdullah Al-Benyan, launched proceedings with a keynote address to an international audience of senior petrochemical industry executives, government officials and other dignitaries and stakeholders. In his address, Mr Al-Benyan focused on global sustainability challenges, the rise of ”Smart Cities” and SABIC’s strategy to advance sustainability solutions.
18 Sep 2018
SABIC signs MOU with Clariant outlining intended transaction
SABIC, the world’s third largest diversified petrochemicals company, announced today that it is taking steps to establish certain elements of its Specialties business as a stand-alone business. The strategic purpose of this is to prepare the Specialties business to participate in further organic and inorganic growth, including a transaction under discussion with Clariant AG (“Clariant”), for which today both companies have signed a Memorandum of Understanding (MOU). The MOU would enable Clariant to create a new, “High Performance Materials” specialty chemicals business as an exceptional global platform for growth.
