SABIC

Saudi Arabiasabic.com

SABIC (Saudi Basic Industries Corporation) is a global diversified chemicals company headquartered in Riyadh, Saudi Arabia, and listed on the Saudi Exchange (Tadawul). Majority-owned by Saudi Aramco, the company is among the world’s largest producers in its sector, supplying materials to industries including packaging, construction, automotive, electronics, agriculture, and healthcare.

SABIC’s portfolio spans petrochemicals and polymers (e.g., olefins, polyolefins, glycols, methanol, and MTBE), agri-nutrients (ammonia and urea), and specialty materials. Its specialties include engineering thermoplastics such as polycarbonate (LEXAN), PPE-based materials (NORYL), PBT, ABS, and related resins and compounds. The company operates manufacturing, R&D, and technology centers across the Middle East, Europe, the Americas, and Asia, and engages in corporate venturing through SABIC Ventures to support innovations in advanced materials and related technologies.

Also known as SABIC Ventures, SABIC AN, SABIC Agri-Nutrients Company, Saudi Basic Industries Corp., General Electric Plastics, LEXAN, Saudi Basic Industries Corporation, 沙特基础工业公司, and الشركة السعودية للصناعات الأساسية.

Projects SABIC is involved in

chemXplore tracks 16 projects involving SABIC, of which 5 are active.

SABIC's role on them: Owner, Investor / Financier, Operator, Developer, Offtaker, and Technology licensor.

1 FID / Sanctioned 2 Under Construction 2 Commissioning & Start-up

5 new construction.

Expected to start operating
2026
1 project
2027
none
2028
none
2029
none
2030
1 project
2031
none

1 of the active projects carry no start-up date yet.

What moved recently

Contractors and licensors are recorded on 4 of these 5 projects For subscribers

Targeting: Carbon dioxide (2), Phenol (2), Polycarbonate (2), Polyethylene (2), 1,4-Butanediol (1), 1,4-Cyclohexanedimethanol (1)

Follow these projects in chemXplore →

Latest news on SABIC

29 September 2026
KBR Purifier® Selected for 3,500 MTPD Jubail Ammonia Plant (SABIC AN)

License and engineering package for single‑train 3,500 MTPD ammonia unit in Jubail; will produce 1.2 Mt ammonia/year and lift urea output to 7.4 Mt/year.

21 September 2026
Technip Energies to license SABIC CTR® LDPE technology worldwide

Exclusive Licensing Collaboration makes one partner the worldwide licensor of CTR® LDPE technology, formalising long-standing cooperation and leveraging decades of execution expertise.

14 September 2026
Nextchem (MAIRE) to supply NX STAMI™ Urea technology for SABIC AN’s SAN-7 complex

Two 3,850 MTPD urea units in Al Jubail; €125m technology package covering licensing, PDP and proprietary equipment; supports Saudi fertilizer capacity expansion.

11 September 2026
Plastic Energy transfers TEPEAR plant stake to TotalEnergies

Stake in Grandpuits recycling plant transferred to full ownership; plant uses TAC™ technology under licence and recycles 15,000 t/yr.

10 September 2026
SABIC AN greenlights ammonia and urea complex; EPC awarded to Samsung E&A

New complex adds 1.2 Mt/yr ammonia and 2.6 Mt/yr urea, lifting urea capacity to 7.4 Mt/yr; construction starts Q4 2026, commercial production expected Q4 2030. Includes carbon capture tech.

4 August 2026
SABIC completes sale of Engineering Thermoplastics business in Americas and Europe to Mutares

Sale of ETP assets for $450 million improves EBITDA margin ~130–140 bps and removes a loss-making unit from the portfolio.

29 July 2026
SABIC Q2 2026 revenue $6.62bn; earnings fall

Q2 sales fell 5% Q-o-Q; adjusted EBITDA SAR 3.38bn; H1 dividend SAR 3.3bn; Fujian complex start-up expected Q4 2026.

21 July 2026
SABIC and CEER sign MoU to explore materials collaboration for Saudi EVs

MoU to assess advanced materials for EV applications, co-develop material and processing solutions, share sustainability know‑how and support a local supply chain for the Saudi EV sector.

Where its projects are

By country, the most active first. active / all projects

Chemical parks and clusters