Raising the Bar for Community Impact
Originally published in Best Practice Winter 2015 issue
Founded in 1976 by royal decree and 70% government owned, Riyadh based SABIC is already one of the world’s largest petrochemical manufacturers with over 40,000 employees working in 50 countries.
The company’s aim was to use the by-products of oil extraction to produce value added commodities such as chemicals, polymers and fertilisers in order to create new industries allowing developing Saudi Arabia to diversify and develop. With production in 1985 of 6.3 million metric tons (mmt) rising to 69 mmt by the end of 2012, SABIC is one of the world’s fastest growing companies and today remains committed to further expansion.
With manufacturing plants in the Americas, Europe and Asia Pacific and research hubs in the USA, Western Europe, Saudi Arabia, Southeast and Northeast Asia, SABIC is also in a prime position to make a positive global impact with its corporate citizenship initiatives.
