Saudi Basic Industries Corporation (2010.SE)

Also known as:  SABIC

About Saudi Basic Industries CorporationLast updated on: 04 September 2019

Business Summary
Manufacture of petrochemicals including ethylene, ethylene dichloride, caustic soda, styrene monomer and methyl tertiary butyl ether. Through its main subsidiaries; distribution of petrochemicals; manufacture of plastic and rubber products, methanol, basic and intermediate chemicals including oxygen, hydrogen, nitrogen, argon, krypton and xenon; fertilizers including urea, ammonia, diethylhexanol, phtalica anhydride and dioctyl phthalate, direct reduced iron, aluminum products including sheets, coils, foils and circles; provides warehousing and storage services; issues Islamic bonds; social security system covering old age and disability; Saudi Arabian governmental fund investing in national equity and financing local commercial projects with the main objective of developing the country's national economy and growth; operates a terminal and product handling facility.
Country of Incorporation
Ownership Type
Established In
Primary Sector
Stock Listing
IDStock TypeCurrencyExchangeSymbol
2010.SSEOrdinarySARSaudi SE2010

Contact details

Primary address
Saudi Basic Industries Corporation Building
North Ring Road
Kortoba Area
Saudi Arabia
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Mr Youssef Abdullah Mohammed Al-Benyan
Chief Executive Officer
Mr Timothy Leveille
Executive Vice President, Corporate Finance
Mr Omar Abdullah Abdulrahman Al Amoudi
Executive Vice President, Engineering and Project Management

Board Members

Dr Abdulaziz Saleh Mansour Al Jarboo
Mr Youssef Abdullah Mohammed Al-Benyan
Vice Chairman
Mr Rashed Ibrahim Sherif
All People

Company information provided by © 2019 Thomson Reuters

Thomson Reuters research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).


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