Saudi Basic Industries Corp. (SABIC)
SABIC is a global leader in chemicals headquartered in Riyadh, Saudi Arabia. From making cars and planes more fuel-efficient, to helping conserve the world’s water supply and enabling colorful smartphone cases, the company said it finds solutions to the challenges of today to help its customers achieve their ambitions and build a better tomorrow.
SABIC supports its customers by identifying and developing opportunities in key end markets such as electrical and electronics, transportation, medical devices, construction, packaging, agri-nutrients and clean energy.
SABIC has more than 40,000 employees worldwide and operates in more than 50 countries. Fostering innovation and a spirit of ingenuity, the company has about 11,000 global patent filings, and have significant research resources with innovation hubs in five key geographies–the U.S., Europe, Middle East, North East Asia and South East Asia.
At SABIC, the company said it combines a rich track record of doing what others said couldn’t be done, with a deep understanding of its customers. But the company said its true impact is as a partner who can help customers achieve their ambitions by finding solutions to their challenges. SABIC calls this ‘Chemistry that Matters™’.
The deal between Saudi Aramco and SABIC gives a cash boost to sovereign Public Investment Fund to fund Prince Mohammed bin Salman’s…