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Saudi Basic Industries Corporation

Saudi Basic Industries Corporation

Release Date : 2018-01-24 16:52:56   Source:sabic.com

[Brief Introduction]

SABIC’s creation by royal decree in September 1976 was a bold step for a developing country. It marked a move into using the by–products of oil extraction to produce value–added commodities–such as chemicals, polymers and fertilizers–for export. These commodities were also intended to develop local downstream industries, and meet the requirements of various market segments.

During the late 1970s and early 1980s the fishing village of Al–Jubail in eastern Saudi Arabia transformed into a modern industrial city, with the Royal Commission for Jubail and Yanbu building the infrastructure, and SABIC building the factories, acquiring technology through joint ventures.

Production from joint ventures began in 1983 with Hadeed, Al–Bayroni and Ar–Razi, followed by Gas in 1984. Sadaf, Yanpet, Petrokemya, Kemya, Sharq and Ibn Sina began production in 1985.

SABIC’s global expansion began in 2002 with the acquisition of DSM’s petrochemical business in Europe, with manufacturing facilities in The Netherlands, Germany and the UK. SABIC acquired Huntsman Petrochemicals (UK) in 2006, and renamed it SABIC UK Petrochemicals, adding substantial capacity to it Europe operations. In 2007, SABIC acquired GE Plastics, now its Specialties Strategic Business Unit, opening the way for advanced materials, offering value–added products to customers.

SABIC's growth has never stropped since its inception. In 1985, the company's total production was 6.3 million metric tons, reaching 70.4 million metric tons in 2015.

[Business]

AGRICULTURE

SABIC is a fertilizer producer. Over the years, it has built capabilities to serve the high quality, sustainable, and environmentally–friendly fertilizer products to customers. It produces a wide–ranging portfolio of fertilizers such as urea, ammonia, phosphate and specialized products.

AUTOMOTIVE

To meet the automotive industry’s changing needs, a mix of materials will play a role. This includes thermoplastic polymers, already proven in a countless number of applications and still one of the fastest growing materials in vehicles.

With these materials, the choice between strength and lightness doesn’t need to be a choice, and automakers can have more design freedom than ever before.

For close to 60 years, from engineered resins and polyolefins to specialty polymers, elastomers and copolymers, chances are SABIC has the right chemistry to meet needs.

INDUSTRIAL

Machine manufacturing, engines and turbines, and compressible applications depend on continued improvements in life cycle, reduced downtime and maintenance, and the ability to operate at high speeds without sacrificing safety.

 

EditorHan Shuang

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