Owner Investor / Financier Operator Developer Offtaker Technology licensor
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 and 4 more.
chemXplore tracks 18 projects involving SABIC, of which 6 are active.
Besides these 6, the record holds 11 completed projects and 1 cancelled.
Closest to start-up first.
The 12 that are completed, on hold or cancelled are in the record. See all 18 in chemXplore →
Revenue rose 5% to $2.0B and adjusted EBITDA increased 12% to $268M; backlog reached $23.1B. Spin-off of Mission Technology Solutions (Trinzic) targeted for Jan 4, 2027 with Investor Days in November.
Adjusted EBIT returned to SAR 2.17bn and adjusted net income to SAR 0.84bn; FID granted for large ammonia/urea complex, methanol feedstock allocated, and $450m divestment completed.
Pushes integrated regional bases, oil‑to‑chemicals/specialty conversions, smart factories and capacity rationalisation to secure feedstocks and high‑end materials for advanced manufacturing.
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.
Exclusive Licensing Collaboration makes one partner the worldwide licensor of CTR® LDPE technology, formalising long-standing cooperation and leveraging decades of execution expertise.
Two 3,850 MTPD urea units in Al Jubail; €125m technology package covering licensing, PDP and proprietary equipment; supports Saudi fertilizer capacity expansion.
Stake in Grandpuits recycling plant transferred to full ownership; plant uses TAC™ technology under licence and recycles 15,000 t/yr.
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.
active all projects
What each is building and closing, and the pipelines and grids between them, on one map.
The 6 sharing the most projects, of 13.
