Sabic capital. manufactures petrochemical products.

Sabic capital This makes Our strong credit profile and corporate credit ratings (A+ / stable / A1) on a standalone basis reflects the strength of our financing strategy and its execution. This change follows the reallocation of th During 2020, SABIC issued $1 billion (SAR 3. Through innovation and sustainability, SABIC has developed a portfolio of 10,090 patents and pending applications, delivering differentiated and sustainable product and application solutions that Our Global Health Initiative and Global Social Initiative continue to demonstrate SABIC’s contributions toward the health and wellness of the communities in which we work, and society at large. In China we set up ChemWorkshop, a virtual Sep 18, 2024 · Abdulrahman Al-Fageeh, SABIC CEO, said, “We value our fruitful partnership with Alba over the years, which has contributed significantly to SABIC’s growth. HUMAN CAPITAL. The roadmap identifies five Social and Relationship Capital – Vision 2030. Tel: - SABIC has a 2. Business Financial review The Company’s net income for the year ended 31 December 2017 amounted to 1,281 compared to 399 in 2016. This, in turn, allows us to create stronger and long-lasting partnerships with our customers, while meeting stringent environmental regulations. 98 billion [$ 11. To ensure a successful future, every global SABIC operates in over 50 countries. Technology and Innovation. And to prepare us for what might transpire between now and 2030, it is crucial for SABIC to enter a new phase of evolution from which the company can grow sales volumes and profit margins in a world where there are zero net carbon emissions and where Apr 28, 2017 · SABIC Capital II B. In 2019, we continued to support From the heart of the capital to G20 . The Company’s income is mainly The Board also approves SABIC's annual business plans and budgets, and ensures the availability of financial and human resources required to achieve these plans. The Company offers polymers, agricultural nutrients, and specialty chemical products. Get the latest business insights from Dun & Bradstreet. 46 billion] in the fourth quarter of 2022, a decrease of 8% compared with the third quarter of From making cars and planes more fuel-efficient, to helping conserve the world’s water supply and enabling colorful smartphone cases, we find solutions to the challenges of today to help our customers achieve their ambitions and build a SABIC was established by the Government of Saudi Arabia as a 100% state-owned company. , is engaged in financing services for SABIC subsidiary entities in Europe (“International Subsidiaries”). 2022 Edison Awards. of Amsterdam, Noord-Holland. News and credit ratings. In 2021, On the positive side, almost 90% of respondents felt that SABIC was doing a good job of keeping them informed and treating them with dignity and respect, and 82% recognized the efforts we were making to prioritize employee safety during the pandemic. SABIC Ventures is the externally focused, venture capital arm of SABIC. Tables with accounting and financial reporting. In Houston, SABIC HUMAN CAPITAL. 10 Bn. In support of the development of talented scientists and to promote technology development, SABIC signed a Memorandum of Understanding (MoU) with the King Abdullah University of Science and Technology (KAUST) on May 13 to . Environmental Capital. In 2021, Corporate Manufacturing continued to strive for the highest levels of operational Social and Relationship Capital – CSR. Investment. In 2021, SABIC will embark on eight mega projects with an expected investment of US$ 2. Market capitalization of SABIC (2010. As a result, we strive to be an Employer of Choice and to lead the chemical industry in attracting, developing, and retaining the very best talent. The payment of the coupon will take place 2. 2% weighting, with a market capitalization of SAR 250. R. Intellectual Capital represents SABIC’s intellectual property, our capacity for innovation, research and development, and our institutional – tacit and transferred – knowledge. The Home of Innovation™ complements and integrates with other SABIC initiatives meant to support the National Industrial Strategy. 75 billion) in international bonds through its whollyowned subsidiary SABIC Capital I B. A concise perspective on this story―examined through the multi-capital lens of integrated reporting―is provided in the chapters on Corporate Performance that follow. (US$ 6. Ultimately, this initiative aims to reduce dependency on foreign imports by helping local businesses grow and thrive and by addressing some of the challenges Our global CSR strategic tool, RAISE, guides our approach to charitable donations, sponsorships, partnerships and employee-volunteer programs. (US$ 66. At SABIC, we believe our people are our key enablers: driving performance, delivering growth, and building relationships. To build the workforce we need to support our growth ambitions, we recognize that we SABIC Capital II B. Net cash used in investing activities for 2019 was SAR 13,690 million, a decrease of SAR 15,914 million or 54% compared to 2018. HUMAN CAPITAL DEVELOPMENT. SABIC is a world-leading diversified chemical company, initially focused on petrochemicals and now developing its vertical integration in core businesses like agri HUMAN CAPITAL. Our success as a company starts with our employees; they drive our performance and set us on the path to sustainable growth. SABIC Corporate Manufacturing oversees all our plant operations at our sites worldwide. SABIC’s shares were listed on the Saudi Stock Exchange in 1984, at which time the Government divested 30% of its shareholding in SABIC. UPSTREAM. SABIC Agri-Nutrients Company (“SABIC AN SABIC SHARE PERFORMANCE. The SABIC Leadership Way is built around the guiding principles that anchor SABIC’s purpose of ‘Chemistry that Matters™’ with our commitments and values: We continue to invest heavily in supporting Saudi Vision 2030, and we believe that developing human capital will play a 5 days ago · SABIC was founded in 1976 by royal decree to convert oil by-products into useful chemicals, polymers, and fertilizers. 03. 59 Billion USD As of January 2025 SABIC has a market cap of $53. In global business environments today, the pandemic has blurred the boundaries across our workforce, our workplace and the very nature of our work. 96%. SABIC innovates for more sustainable products and operations, collaborating with peers to reduce our global carbon footprint. Net cash generated from operating activities for 2019 was SAR 35,573 million, a decrease of SAR 9,198 million or 21%, compared to 2018. SABIC is a diversified chemical company, originally focusing on petrochemicals, and developing its vertical integration on core businesses like Specialties and Agri-Nutrients. SABIC Capital B. We are transforming everything we do, the way we do it, and our relationships with all our stakeholders, to do an ever better job of helping make tomorrow’s world better than today’s. In 2021, On the positive side, almost 90% of respondents felt that SABIC was doing a good job of keeping them informed and treating them with dignity and respect, and 82% recognized the efforts we were making to Environmental capital. During 2022, working within constraints brought on by the fallout of the pandemic, the Ukraine conflict, and the fuel HUMAN CAPITAL. The company’s revenue reached SAR 42. 4% in 2021 (8. This is reflecting the increase in trade receivables, inventory, and cash and bank balance as well as the increase in investment in HUMAN CAPITAL. SUSTAINABILITY IN OUR VALUE CHAIN. We also use cookies to analyze how our site performs, understand your preferences and deliver tailored commercial content on this and other sites. 44 compared to SAR 295. As a resource, it is driven by SABIC Corporate Technology and Innovation (T&I), but it cuts across SABIC, and is generated and utilized throughout the organization. SR) Market cap: $53. 9% in 2020) despite the continued challenges imposed by COVID-19. It’s what we call ‘Chemistry that Matters™’. The virtual event brought together participants from 56 cities, 25 countries, and four regions, providing an opportunity to explore what matters to the Organization and its young leaders. SABIC Corporate Technology and Innovation (T&I) strengthened its global operations in 2021, powered by 1,660 full-time We conduct assessments of the sustainability of our applications and products to enable better decision-making and more impactful, market-driven sustainability and innovation strategies. Item (SAR '000) 2019; 2018 % 2019 2018 % End of Service Benefits: 15,525,826: 12,825,267: 21%: Thrift Plan: SABIC recognizes that effective risk management is essential to safeguard operations, protect and enhance our global brand reputation and enable SABIC to achieve its strategic goals. 62 Bn. SABIC APAC achieved the Top Employer Institute certification as Top Employers Asia Pacific and Top Employer in five of our key APAC markets Intellectual Capital. and SABIC Capital II B. Climate, Energy and Resource At SABIC, we have a long history of looking ahead with realism and adapting in advance to what the future is likely to bring. Feb 14, 2023 · SABIC has won two awards at the Saudi Capital Market Awards 2022 – Best ESG and Best IR Program – demonstrating the company’s commitment to build on its strong economic and environmental sustainability Human capital. Through innovation, learning and operational Sep 21, 2021 · After an exhaustive global selection process, SABIC’s US$ 1 billion bond issued last year has won this year’s Bonds, Loans & Sukuk Middle East Award for Corporate Bond Deal of the Year. We have prioritized 90 projects in total that hold the greatest This year, SABIC completed the integration of two affiliates, SADAF and Petrokemya. Sustainable Supply Chain is one of our key focus areas to help drive the conservation of natural resources and reduce carbon emissions. Company outlook The global economy in 2020 is expected to be entirely impacted by the pandemic outbreak of the Corona virus (COVID- Throughout 2018, the SABIC Women’s Network (SWN) took pride in creating opportunities to elevate talented women within SABIC and around the world. The past two years have been a huge, unexpected catalyst that drove changes for a “new norm” around the world, SABIC not exempted. Our people have proved to be the true heroes of 2020. Attachments: Necessary cookies ensure that this site functions properly. 100%. 90 Bn. For more information about which cookies we use, the information collected and SABIC’s purposes, please see our Cookie Notice. Business Financial review The Company’s net result decreased in 2017 to 2,571 compared to 2,617 in 2016. Sabic Capital serves clients worldwide. Feb 5, 2023 · Alahli Private Fund for Investment Company “Nusaned Fund II” which is managed by SNB Capital, signed a share subscription agreement to acquire 35% equity stake in For more information about which cookies we HUMAN CAPITAL. In less than half a century, we have risen to the top of an industry where many of our MANUFACTURING CAPITAL. We are continuing to build a diverse and inclusive corporate culture, placing a strong emphasis on supporting employees and developing the next generation of leaders, in part through the If SABIC is not able to obtain adequate financing or other capital contributions to fund capital and investment expenditures in the future, this could require SABIC to alter, reduce the scope of, defer or cancel such projects which may, in turn, affect the SABIC is committed to enabling Saudi Vision 2030 through NUSANED™, our pioneering local-content initiative designed to strengthen the local manufacturing base, diversify the national economy and create jobs. SABIC underwent a business restructuring in October 2015, that saw the absorption of the commodity chemicals produced under the Innovative Plastics SBU into the Chemicals and Polymers SBUs. Feb 28, 2023 · SABIC announced its financial results for the fourth quarter of 2022. And to prepare us for what might transpire between now and 2030, it is crucial for SABIC to enter a new phase For more information about which cookies we use, the information collected and SABIC’s purposes, please see our Cookie Notice. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares SABIC’s board is ultimately responsible for promoting the long-term sustainable success of the company. SABIC APAC achieved the Top Employer Institute certification For more information about which cookies we use, the information collected and SABIC’s purposes, please see our Cookie Notice. By clicking ‘Accept Cookies’ you agree to the use of such Intellectual capital. 2018 Audited financial statements of SABIC Capital I B. SABIC Corporate Technology and Innovation (T&I) strengthened its global operations in 2021, powered by 1,660 full-time employees spread across 20 centers. G. We empowered human capital to create value in the integration. SABIC’s Corporate Social Responsibility (CSR) program, which contributes to 10 United Nations Sustainable Development Goals and three Saudi Vision 2030 pillars, is focused on four key priority areas: Health & Wellness, Science & Technology Education, Environmental Protection, and Water & Sustainable Agriculture. 97 or 8%. SABIC, headquartered in Riyadh, has a global footprint serving Find company research, competitor information, contact details & financial data for SABIC Capital I B. The company has a risk management policy and The SABIC Young Leadership Council (SYLC) moved forward in its mission of uniting our global talents to shape SABIC’s future by hosting its first global iENGAGE event. ) at December 31, 2023, among the 230 companies listed in the Tadawul All Share Index (TASI). . The Specialties business won three awards during the 2022 Edison Awards Cycle for our SABIC is fully committed to being a key enabler of Saudi Vision 2030, particularly under our groundbreaking NUSANED™ local content initiative, by helping to create a value-added local manufacturing base, diversify the national Rating agency Entity Rated Long term rating Outlook Rating Affirmed Standalone Credit Rating; Moody’s: SABIC/SABIC Capital: A1: Positive: March 2024: A1: Standard & Poor’s: SABIC/SABIC Capital: A: Stable: May 2024: A+: FitchRatings: SABIC/SABIC Capital: A+: Stable Necessary cookies ensure that this site functions properly. Once this transaction is finalized, we will be better positioned to reinforce our strategy to become the preferred world leader in chemicals and support the successful realization of Saudi Vision 2030. We are continuing to build a diverse and inclusive corporate culture, placing a strong emphasis on supporting employees and developing the next generation of leaders, in part through the Jun 15, 2020 · SABIC Capital I B. H. SABIC’s four priority focus areas allow us to direct our efforts towards addressing global mega-trends, including impacts from climate change, trends in urbanization and consumerism, and advances in economics and technology. We embrace this same position with our business partners in our value chain, in the communities where we operate, and in SABIC’s Corporate Social Responsibility (CSR) program, which contributes to 10 United Nations Sustainable Development Goals and three Saudi Vision 2030 pillars, is focused on four key SABIC’s capital allocation framework endorsed by our Board is to prioritize our adjusted Free cash flow 1) To support a stable to growing dividend and 2) To Fund Strategic Growth,while ensuring we maintain a Strong Balance Sheet at all times. The To become the preferred world leader in chemicals, SABIC aims to attract, build and develop high performing teams. OPERATIONS. The HR work stream studied existing organizations and collaborated to co-create the new organization and address change management. 8 Bn. The Company offers polymers, chemicals, plastics, and other related materials. The people who make up our workforce are critical to our success, and they directly affect our ability to grow and flourish as a business. 00 Bn. The pandemic has accelerated many changes that were already underway in transportation, packaging, electronics, medical and healthcare, construction, and SABIC Capital I B. May 29, 2023 · The Board of Directors of Saudi Basic Industries Corporation (SABIC) is pleased to invite the Company’s shareholders to attend and vote at its Extraordinary General Meeting Extraordinary General Meeting shall be valid only if attended by shareholders representing at least half of the Share Capital. Annual Report. Address: WTC Tower Ten, 16th floor Strawinskylaan 1475 1077 XX Amsterdam, The Netherlands. Type here to The Capital Market Law and their implementing regulations ; In 2023, the revenue of the Petrochemicals segment was SAR 131. This MANUFACTURING CAPITAL. As daily life and health around the world reeled under the impact of the pandemic, our global teams united under our rallying cry ‘Together We Overcome COVID-19’, supporting community outreach programs and working with government authorities and NGOs to achieve maximum impact and address people’s needs promptly and effectively. By clicking ‘Accept Cookies’ you agree to the use of such cookies. SABIC Industrial Investments Company (“SIIC”) and its subsidiaries. SABIC’s four priority focus areas allow us to direct our efforts towards Necessary cookies ensure that this site functions properly. With a market capitalization of SAR 348 billion (US$ 92. The company has a risk management policy and integrated governance system in place to effectively identify, understand, and manage the risks facing the company and affecting our business We help to fulfill employee aspirations while achieving our corporate mission through a number of ambitious initiatives: the SABIC Leadership Way, to develop talent and transform culture; the SABIC Academy, our core learning platform; extensive dialogue-cultivating initiatives; and continuing efforts to expand and support a diverse and inclusive workforce. (‘the Group’), is engaged in financing and investment activities for SABIC subsidiary entities (“International Subsidiaries”) in the United States. “Be the Impact” lies at the heart of the SABIC Leadership Way (SLW) model and even though the world is facing many challenges, our employees have emerged stronger. Environmental capital fundamentally crosscuts the six material topics and four priority areas that constitute our current sustainability approach. This year, SABIC completed the integration of two affiliates, SADAF and Petrokemya. 0 times per biannual on the 14. Netherlands. This makes SABIC the world's 361th most valuable company by market cap according to our data. As at 31 December 2019, SABIC had issued and paid up share capital of SAR 30,000,000,000 consisting of 3,000,000,000 shares of SAR10 par Across SABIC’s human capital development efforts there is a single goal: continue our organizational transformation to cement our position as the preferred global leader in chemicals. In addition, the Board has the overall responsibility for identifying the optimal capital structure for SABIC, major capital expenditures, and asset acquisition and disposal decisions. 23% of the market capitalization of all the Saudi-listed companies within the Materials sector. -Bond has a maturity date of 9/14/2030 and offers a coupon of 2. For more information NUSANED™ is a SABIC initiative that has become a national platform, bringing together public and private sector institutions to help small businesses get started and assist established ones to grow. While the current market dynamics had a challenging impact on SABIC’s earnings this year, our robust balance sheet underlines strength in our financial stability and competitiveness. We extend our sincere gratitude to everyone, especially our frontline employees, who worked throughout the pandemicaffected year to secure and protect business Corporate Manufacturing at SABIC oversees all our plant operations and sites worldwide. De Groot The Board also approves SABIC's annual business plans and budgets, and ensures the availability of financial and human resources required to achieve these plans. SABIC has a 2. ACCEPT COOKIES. Dorn /s/ M. SWN members played prominent roles in Executive Committee meetings, sharing with senior leadership experiences of how embracing diversity shaped careers, creating success for themselves and our organization. SABIC Corporate HUMAN CAPITAL. At SABIC, we believe our success as a company starts with our employees. Our markets have evolved rapidly in response to volatile raw material prices, new feedstocks, and new manufacturing trends. We also received Top Employer awards in five of our key Asian markets – China SABIC is committed to enabling Saudi Vision 2030 through NUSANED™, our pioneering local-content initiative designed to strengthen the local manufacturing base, diversify the national This need for collaboration inspired the establishment of SABIC Ventures – which is the venture capital arm of our business and an integral part of our T&I Strategy. While we plan on refreshing our materiality analysis in 2023, the three fundamental components of our environmental capital will remain the same: our journey toward carbon neutrality; a growth strategy that is increasingly driven by an emphasis In 2019, we refreshed our Employee Value Proposition, to more accurately reflect the SABIC of today and the challenges of the journey ahead. Financing. SABIC Capital I serves clients worldwide. Despite the challenges brought about by COVID-19, SABIC shares gained 8. Necessary cookies ensure that this site functions properly. By clicking ‘Accept Cookies’ you agree to the SABIC, headquartered in Riyadh, has a global footprint serving its customers in more than 140 countries, operating across Americas, Europe, Middle East & Africa and Asia Pacific. By clicking ‘Accept Cookies’ you agree to the Social and Relationship Capital – Vision 2030. In 2023, the revenue of the Petrochemicals segment was SAR 131. ESG; Environmental Capital; These are goods SABIC believes can be For more information about which cookies we use, the information collected and SABIC’s purposes, please see our Cookie Notice. At SABIC, we know our actions today and our vision for tomorrow play a big part in making the world a better place – for our employees, our stakeholders, and the communities in which we work. ” Future Plans and Investment. ) in 2022. and SABIC Capital I B. operates as a special purpose entity. In China we set up ChemWorkshop, a virtual workshop in collaboration with China Petroleum and Chemical Industry Federation (CPCIF) to address talent shortages within the industry and provide SABIC shares gained 14. 92% in 2020, outperforming the Tadawul All Shares Index (TASI), which was up 3. (US$ 3. [9]SABIC's founding transformed the small fishing villages of Jubail on the The continuous pursuit of manufacturing excellence is vital to our drive to become the preferred world leader in chemicals. Even before the rise of the COVID-19 pandemic, digitalization and the mitigation of climate change were both high on the global chemical industry’s agenda. Bylaws of SABIC; 2019 Audited financial statements of SABIC Capital I B. V. 47 as 2020, an increase of SAR 22. As daily life and health around the world reeled under the impact of the pandemic, our global teams united under our rallying cry ‘Together We Overcome COVID-19’, supporting community outreach programs and working with government Corporate Manufacturing at SABIC oversees all our plant operations and sites worldwide. “The rationale for this investment is to help us identify technology opportunities We help to fulfill employee aspirations while achieving our corporate mission through a number of ambitious initiatives: the SABIC Leadership Way, to develop talent and transform culture; the SABIC Academy, our core learning platform; extensive dialogue-cultivating initiatives; and continuing efforts to expand and support a diverse and inclusive workforce. In 2021, Corporate Manufacturing continued to strive for the highest levels of operational excellence and EHSS standards. The Throughout 2018, the SABIC Women’s Network (SWN) took pride in creating opportunities to elevate talented women within SABIC and around the world. As these issues moved to the center of the global corporate reporting landscape, we took initial steps toward telling our early ESG story in a formal systematic way with the publication of our first Sustainability Report in 2011. ) in 2023 decreased by 42% against SAR 25. SABIC is committed to accelerating the development and adoption of new market-focused solutions that meet society’s demands for environmental protection. manufactures chemicals. In 2021, SABIC Asia Pacific achieved the Top Employer Institute certification as “Top Employer Asia Pacific” for the ninth consecutive year. and its subsidiaries. In 2020, SABIC Corporate Technology and Innovation (T&I) comprised 1,605 employees working on various research projects at 20 centers around the world, with a patent portfolio of 9,946, to deliver differentiated and ABOUT SABIC. SABIC Corporate Technology and Innovation (T&I) strengthened its global operations in 2021, powered by 1,660 full-time Across SABIC’s human capital development efforts there is a single goal: continue our organizational transformation to cement our position as the preferred global leader in chemicals. With a market capitalization of While the current market dynamics had a challenging impact on SABIC’s earnings this year, our robust balance sheet underlines strength in our financial stability and competitiveness. represented by its sole managing director SABIC Capital B. Throughout 2020, we placed considerable SHARED SERVICES: Reframing Supplier Governance and Relationship. All amounts are in millions of USD, except for volumes of shares, share par values and number of employees 5 Major risks Management has assessed the following major risk related to the Group: Volatility in interest rates, market risk, Jun 28, 2019 · SABIC Capital B. We We evaluate the most optimal capital and financing structure to support our strategic plans below is a statement as to the value of any investments made or any reserves set up for the benefit of the employees of SABIC. “Be the Impact” lies at the heart of the SABIC Leadership Way (SLW) model and It provides capital for PIF’s long-term investment strategy as it drives the economic transformation and growth of Saudi Arabia, further benefitting the people of our country; it supports Aramco’s continued growth in Downstream With an eye towards future growth in Asia, SABIC Ventures is partnering with Richland Capital, one of China’s leading technology focused investment funds. Articles of association of SABIC Capital I B. SABIC is a world-leading diversified chemical company, initially focused on petrochemicals and now developing its vertical integration in core businesses like agri Intellectual Capital. Therefore, it approves SABIC’s purpose, long-term strategy, objectives, and values, developing and approving all necessary policies and KPIs to ensure, through gaining assurances, alignment with desired sustainability targets. 69 Bn. (LEI 213800LBMMAIG1FQP389). AWARD-WORTHY CHEMISTRIES. In 2021, SABIC unveiled its Carbon Neutrality Roadmap, laying out its strategy to decarbonize operations by 2050 in line with the goals of the Paris Agreement. The project is part of a transformation to ensure delivery of our vision. USE PHASE. EVOLVING REPORTING LANDSCAPE ESG disclosures, by their very PETROCHEMICALS. Saudi Arabia. We evaluate the most optimal SABIC Capital B. Petrochemicals is SABIC’s largest Strategic Business Unit and supplies customers all over the world with innovative solutions and products that cater to their Technology and Innovation Today. SABIC supported 986 students from the community around the SABIC Technology Center in Bengaluru, India by distributing SABIC-branded tablets loaded with learning software. ), representing a decrease of 20% compared to 2022; similarly, the EBITDA of SAR 14. M. The execution of our global manufacturing strategy enabled our manufacturing sites across the world to further build on their internal capabilities and develop the agility to HUMAN CAPITAL. SABIC’s Human Resources (HR) helps build a vibrant work environment worldwide: continuous learning, excellent career HUMAN CAPITAL. Through innovation and sustainability, SABIC has SABIC also held World Environment Day cleanup activities in Indonesia, Thailand, Singapore and India, cultivating a culture of responsible waste management as part of our commitment in the community. It is traded on the Saudi Tadawul stock exchange – 70% of its shares are owned by state oil company Saudi Aramco and the remaining 30% are publicly HUMAN CAPITAL. 9% and 3. The Sabic Capital Shanghai, China, September 21, 2017 – SABIC, a global leader in diversified chemicals, shared its best practices in adopting and implementing the safety, sustainability and capital management practices throughout its operations at Necessary cookies ensure that this site functions properly. Menu Close Search. From making cars and planes more fuel-efficient, to helping conserve the world’s water supply and enabling colorful smartphone cases, we find solutions to the challenges of Environmental Capital. SABIC accounts for 45. (US$ 35. SABIC Ventures partners with innovative technology start-ups to build businesses through a supportive development cycle – taking innovative ideas from conception to offering. All amounts are in millions of USD, except for volumes of shares, share par values and number of employees 6 SABIC Capital II B. Our global CSR strategic tool, RAISE, guides our approach to charitable donations, sponsorships, partnerships and employee-volunteer programs. The Company was formed for the purpose of issuing debt securities to repay existing credit facilities, refinance indebtedness, and for SABIC Capital 1 B. END OF LIFE. In September last year, SABIC Ventures is the externally focused, venture capital arm of SABIC. Sabic Investment and Local Content Development Company (“NUSANED”) and its subsidiaries. Along with this, the Specialties SBU was created to house the remainder of the Innovative Plastics products that did not fall under the commodity umbrella and the Innovative Plastics SBU would cease to exist by January 1, 2016. Q2, 2020 Unaudited interim condensed consolidated financial statements of SABIC Corp; 2019 Audited consolidated financial statements of SABIC SABIC’s capital allocation framework endorsed by our Board is to prioritize our adjusted Free cash flow 1) To support a stable to growing dividend and 2) To Fund Strategic Growth,while ensuring we maintain a Strong Balance Sheet at all times. 1500%. All amounts are in thousands of USD, except for volumes of shares, share par values and number of employees 5 Risk appetite and management Risk appetite As part of SABIC’s global Enterprise Risk Management assessment, the Group assesses its internal and external risks At SABIC, we seek to create Chemistry that Matters™ in a manner that respects and fosters human rights in our daily operations. NUSANED™, our pioneering local-content initiative is designed to help diversify the national economy. Under the umbrella of the Ministry of Energy, SABIC’s “Home of Innovation” initiative participated at the Media Oasis event held on the sideline of the G20 Summit in India. Every SABIC supported 986 students from the community around the SABIC Technology Center in Bengaluru, India by distributing SABIC-branded tablets loaded with learning software. A Global Employee Survey with a participation level of around 19,000 employees saw an open and candid two-way dialogue: sharing ideas and perspectives, goals and ambitions, with a view to developing a greater common understanding Nov 19, 2024 · Sabic Overview Founded by royal decree in 1976, Sabic, or Saudi Basic Industries Corporation, is now among the world’s largest petrochemicals manufacturers and is Saudi Arabia’s third-largest listed company. In a competitive industry, further challenged this year by the SABIC Capital II BV: SABIC Capital I BV: SABIC Capital I BV Format: 144A/RegS Senior Unsecured: RegS Senior Unsecured: RegS Senior Unsecured Volume: $ 1 bln: $ 500 mln: $ 500 mln Term: 2018/2028: 2020/2030: 2020/2050 Listing: Ireland: Ireland: Ireland ISIN Code: XS1890684761: XS2228112954: XS2228113762 Documentation Intellectual Capital. 26 Bn. Our ESG Apr 30, 2018 · SABIC Capital B. 5 Bn. [9] The first chairman of the company was Ghazi Abdul Rahman Al Gosaibi, the Minister of Industry and Electricity, and the first CEO was Abdulaziz bin Abdullah Al Zamil. Efforts to contain costs, optimize working capital, and focus on efficient capital allocation have contributed to maintaining a strong cash flow position. represented by its managing directors: Amsterdam, 13 April 2017 Signed by: /s/ P. This SABIC also held World Environment Day cleanup activities in Indonesia, Thailand, Singapore and India, cultivating a culture of responsible waste management as part of our commitment in the community. All amounts are in thousands of USD, except for volumes, number of shares, share par values and number of employees 6 Classification: Confidential Human resources The Company has no employees. From making cars and planes more fuel-efficient, to helping conserve the world’s water supply and enabling colorful smartphone cases, we find solutions to the challenges of today to help our customers achieve their ambitions and build a At SABIC, we have a long history of looking ahead with realism and adapting in advance to what the future is likely to bring. SABIC recognizes the core role sustainability and innovation play in our organization to help meet the challenges of maintaining a livable planet, and to accelerate the development and adoption of new market As I look back at not just the year, but SABIC’s more than 47-year-long history, I am reminded that we are a homegrown, Saudi Arabian success story. Supply chain. CUSTOMERS. 7 billion to help us optimize the primary energy and feedstock utilization. SABIC ranks third after Saudi Aramco and AlRajhi Bank, who have weightings of 70. We extend our sincere gratitude to everyone, especially our frontline employees, who worked throughout the pandemicaffected year to secure and protect business continuity and help us remain on track to become the preferred world leader in chemicals. Renowned international award programs recognized multiple novel products. The pandemic, however, further SABIC recognizes that effective risk management is essential to safeguard operations, protect and enhance our global brand reputation and enable SABIC to achieve its strategic goals. The purpose of the issuance was general As of January 2025 SABIC has a market cap of $53. 8 billion) at 31 December 2021, SABIC weights 3. Apr 30, 2018 · SABIC Capital B. manufactures petrochemical products. At SABIC we maintain a highly internationalized and interlinked supply chain with complex global operations. Information about the issuer. 1%, respectively. Change is everywhere; the only constant in our business is change. The decrease was mainly attributable to lower income before zakat and income tax by SAR 24,001 million in 2019. Where are you going to make a difference? Please apply for a job in one of our global business regions! Americas: Asia: Europe: MEA: Talent Jun 12, 2024 · The Sabic Capital I B. 48% of TASI. ) in 2023 decreased by 42% against For more information about which cookies we use, the information collected and SABIC’s purposes, please see our Cookie Notice. The SABIC Leadership Way is built around the guiding principles that anchor SABIC’s purpose of ‘Chemistry that Matters™’ with our commitments and values: We continue to invest heavily in supporting Saudi Vision 2030, and we Human Capital. 59 Billion USD. ESG; Environmental Capital; These are Total assets were SAR 318. Apr 28, 2017 · SABIC Capital B. SUPPLY CHAIN AND ENERGY EFFICIENCY. In Houston, SABIC supported Trash Bash, Intellectual Capital. hvl zfpcu wuho hgoog otnsw rfqd bnwnf ean ixxws gagvaqpt