Company
Headquarters: Riyadh, Saudi Arabia
CEO: Mr. Yousef Bin Abdullah Al-Benyan
SR246.00 Billion
SAR as of Jan. 1, 2024
US$65.60 Billion
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Saudi Basic Industries Corporation manufactures, markets, and distributes chemicals, polymers, plastics, agri-nutrients, and metal products worldwide. The company operates through Petrochemicals & Specialties, Agri-Nutrients, and Hadeed segments. It offers polymers, such as acrylonitrile butadiene styrene, acrylonitrile styrene acrylate, carbon black, metallocene polyethylene, polybutylene terephthalate, polycarbonate, polycarbonate/acrylonitrile-butadiene-styrene, polyethylene terephthalate, polymethyl methacrylate, polyoxymethylene, polypropylene, polystyrene, polyethylene, polyvinyl chloride, and synthetic rubbers. The company also provides engineering thermoplastic resins and compounds, composites, thermosets and additives, copolymers, and additive manufacturing solutions. In addition, it offers chemicals, including aromatics, chlor-alkali, ethanolamines, ethoxylates, glycols, linear alpha olefins, natural detergent alcohol, olefins and gases, OXO alcohols and performance monomers, and oxygenates. Further, the company provides fertilizers comprising urea, ammonia, and a portfolio of nitrogen-based inorganic products; produces steel products, such as hot and cold rolled flat products, and long products; operates e-business portal for sales; and offers color services under the ColorXpress name. It serves agriculture, automotive, building and construction, consumer, electrical and electronics, healthcare, industrial, mass transportation, and packaging industries. The company was incorporated in 1976 and is headquartered in Riyadh, Saudi Arabia. Saudi Basic Industries Corporation is a subsidiary of Saudi Arabian Oil Company
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