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.
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.
5 new construction.
1 of the active projects carry no start-up date yet.
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)
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.
Sale of ETP assets for $450 million improves EBITDA margin ~130–140 bps and removes a loss-making unit from the portfolio.
Q2 sales fell 5% Q-o-Q; adjusted EBITDA SAR 3.38bn; H1 dividend SAR 3.3bn; Fujian complex start-up expected Q4 2026.
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.
By country, the most active first. active / all projects