Saudi Basic Industries Corp. - (2010)

99.89 1.00(1.01%) Last Update 20/07/2017 17:12 KSA

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Stock Market: Saudi Stock Exchange
Official Sector: Materials
Market Cap Size: Large Cap
Gulfbase Sector: Basic Material

Company Overview

Establishment Date: 06/09/1976
Paidup capital: SAR 30,000,000,000
Par value per share: SAR 10.00
Outstanding Shares ('000): 3,000,000


Saudi Basic Industries Corporation (SABIC) is the largest non-oil company in the Middle East and one of the world's 10 largest petrochemicals manufacturers. SABIC is composed of six strategic business units (SBUs). These are: Basic Chemicals, Intermediates, Polymers, Specialized Products, Fertilizers, and Metals. These six business units produce different kinds of products organized into four categories: Chemicals - Basic Chemicals, Intermediates and Specialized Products (three SBUs), Plastics - Polymers (one SBU), Fertilizers (one SBU), and Metals (one SBU). The Basic Chemicals unit products include methanol, ethylene, propylene, benzene, xylene, styrene, crude industrial ethanol, butadiene and butadiene-1. The Intermediates and Specialized Products units produce ethylene glycol, ethylene dichloride, and vinyl chloride monomer and dioctyl phthalate. The Plastics - Polymers unit provides polymeric materials and allied products. Its main products include polyester, melamine, and polypropylene, PVC, polystyrenes, polyethylene (PE), polypropylene (PP) and their by-products. The Fertilizers unit produces ammonia and urea, phosphate and liquid fertilizers. The Metals unit is a supplier of flat steel, long steel and aluminum products. SABIC owns sites and offices in Europe, Asia-Pacific and America
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