Research Reports

SABIC 'Saudi Basic Industries Company

September 07 , 2021

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Executive Summary

SABIC, founded in 1976, now has presence in over 50 countries with 68 manufacturing set-ups and 5 innovations hub spread across key demand centers. SABIC gets 87% of its revenue from petrochemical and specialties unit, 7.7% from Metals division and 5.3% from its Agri-nutrients company. The industrial production growth, expected to recover fully in 2021, will be pronounced in most advanced economies. SABIC with its strategic merger with Saudi Aramco is in a pole position with a strong customer base and various projects running and under-development in these economies.

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