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SABIC - Saudi Basic Industries Corp.   Discuss Recommendations
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Saudi Basic Industries Corp. (SABIC) 
Stock Market Saudi Stock Exchange
Official Sector Petrochemical Industries (14)
Market Cap Size Large-Cap (17)
GulfBase Sector Basic Material (49)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 06/09/1976
Paid-Up Capital (SAR): 30,000,000,000
Par Value Per Share (SAR): 10.00
No. of Employees: 32000
Major Shareholders
Public Investment Fund 70.00%
Activity
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.
Subsidiaries, Associates & Joint Ventures
Company
Arabian Petrochemical Co.
SABIC Americas
SABIC Antilles N.V.
SABIC Asia Pacific Pte. Ltd.
SABIC Capital Ltd. Co.
SABIC Industrial Investments Co.
SABIC Luxembourg
SABIC Sukuk LLC (SUKUK)
SABIC UK Petrochemicals
Saudi Iron and Steel Co. (Hadeed)
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, SAR 4.50 billion, a decrease of 79%. 18/10/2009
Net profit announced for the 1st Half of the year 2009, SR 830 million, a decrease of 94%. 18/07/2009
Net loss announced for the 1st Quarter of the year 2009, SR 974.00 million, compared to a net profit of SR 6.92 billion for the same period last year.21/04/2009
Cash dividend approved for the 2nd half of the year 2008, SR 1.25 per share.20/01/2009
Net profit announced for the Year 2008, SR 22 billion, a decrease of 19%.20/01/2009
more...
Exxon, Sabic launch bids for rubber plant in Jubail  (Reuters - 19/11/2009)
Danieli to build SABIC steel plant  (Arab News - 16/11/2009)
Saudi Sabic Signs Contract With Danieli to Build Steel Plant   (Bloomberg - 15/11/2009)
Sabic, Sinopec mark 3.2m-ton petrochem complex at Tianjin   (Saudi Gazette - 04/11/2009)
Tayf, Ablemarle sign Jubail plant deal   (PR Newswire - 28/10/2009)
more...

Key People Contacts
Chairman: HH. Prince Saud bin Thunayan Al-Saud
Vice Chairman: Eng. Mohammed H. Al Madi
CEO: Eng. Mohammed H. Al Madi
Board Members: Abdulmohsen A. Al Fares
Ahmad I. Al Hakami
Saleh E. Al Husseini
Mohammed S. Abanumay
Abdullah M. Al-Issa
Auditors: Ernst & Young
E-mail Address: info@sabic.com
Website: http://www.sabic.com
Postal Address: P.O. Box 5101, Riyadh 11422
Phone: +966 1 225 8000
Fax: +966 1 225 9000
Telex: 401177 SABIC SJ
 
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