Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last SR82.78 SAR
Change Today +2.94 / 3.68%
Volume 11.1M
SABIC On Other Exchanges
Symbol
Exchange
Saudi Arabia
As of 9:30 AM 08/30/15 All times are local (Market data is delayed by at least 15 minutes).

saudi basic industries corp (SABIC) Snapshot

Open
SR84.00
Previous Close
SR79.84
Day High
SR86.00
Day Low
SR82.50
52 Week High
09/21/14 - SR136.50
52 Week Low
12/16/14 - SR70.25
Market Cap
248.3B
Average Volume 10 Days
8.0M
EPS TTM
SR6.88
Shares Outstanding
3.0B
EX-Date
08/23/15
P/E TM
12.0x
Dividend
SR5.00
Dividend Yield
6.63%
Current Stock Chart for SAUDI BASIC INDUSTRIES CORP (SABIC)

Related News

No related news articles were found.

saudi basic industries corp (SABIC) Related Businessweek News

View More BusinessWeek News

saudi basic industries corp (SABIC) Details

Saudi Basic Industries Corporation manufactures and sells chemicals, plastics, fertilizers, and metals worldwide. Its chemicals include olefins comprising ethylene, propylene, butadiene, and butene-1 to manufacture various consumer products; oxygenates, such as methanol and methyl tertiary butyl ether; aromatics, including styrene monomer, benzene, paraxylene, pyrolysis gasoline, and purified terephthalic acid for the production of clothing, paints, and packaging; and chemical intermediates, such as caustic soda, ethylene dichloride, and vinyl chloride monomer to make various materials for textiles, soaps, polyvinyl chloride (PVC), and other plastics. The company’s chemicals also comprise fiber intermediates to manufacture antifreeze, detergents, paints, and polyesters; industrial gases, such as nitrogen, argon, crude krypton/xenon, and gaseous hydrogen for industrial processes; and linear alpha olefins that form components of comonomers, alcohols, lubricants, surfactants, and other intermediate chemicals. In addition, it offers performance chemicals, including base products, functional chemicals, and functional polymers; plastic products comprising PVC, PS, and polyesters for consumer, commercial, and industrial products; polystyrene; and polyolefins polyethylene and polypropylene for use in various materials, industrial food packaging, and waterproof films. Further, the company provides fertilizer products, which comprise prilled and granular urea, ammonia, and phosphates. Additionally, it offers metals, such as flat steel products, including hot rolled, cold rolled, hot dip galvanized, and pre painted coils; and long steel products comprising reinforcing bars, rebar-in-coils, wire rod coils, light sections, and steel billets. The company was founded in 1976 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

40,000 Employees
Last Reported Date: 02/26/15
Founded in 1976

saudi basic industries corp (SABIC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

saudi basic industries corp (SABIC) Key Developments

Saudi Basic Industries Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Saudi Basic Industries Corporation reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company has made a net profit of SAR 6.17 billion, down by 4.49% from the same quarter of the previous year, and an increase by 57% from the previous quarter, indicating that the profit per share amounted SAR 3.37 versus SAR 4.3. The net profits declined by 21.63% in the first half of this year, compared with same period of the previous year, amounting to SAR 10.11 billion.

Sabic Forms Research Partnership with National University of Singapore

Sabic has tied up with the National University of Singapore to develop materials that will enable more sustainable product solutions. The Master Research Agreement signed it will enable the petrochemical giant to leverage the technical expertise and multi-disciplinary capabilities of NUS while Sabic's global presence, technological innovation and understanding of global markets will allow the university to strengthen its research efforts in addressing key global challenges. Both will come together to develop chemical processes for energy efficiency, sustainable material solutions and process equipment design. Eventually, these efforts will lead to materials that can meet the demand for lighter, cleaner and more efficient sustainable solutions.

SK Global Chemical and Saudi Basic Industries Corp. Announce Joint Venture Deal

SK Global Chemical and Saudi Basic Industries Corp. announced that they had agreed to establish a KRW 710 billion ($631.9 million) joint venture to produce and market high-performance polyethylene products based on SK's technology. The new 50-50 joint venture, SABIC SK Nexlene Co., will be located in Singapore and operate SK's polyethylene plant in Ulsan, which was completed in 2014 with an estimated annual capacity of 230,000 tons. They will also consider building a second plant in Saudi Arabia in a few years and expand production bases worldwide. The two partners will use Nexlene, a high performance polyethylene technology developed by SK Innovation. Covering the whole process, including catalyst, reaction, and production, Nexlene is used for high value films, interior materials for automobiles and shoes, and cable sheathing. SK Innovation and SK Global Chemical are contributing their technology and production facility to the joint venture SSNC, securing KRW 540 billion in cash. The SK solution will enable the two companies to manufacture a wide range of materials and will benefit both converters and end customers through better performance, processing and product properties.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SABIC:AB SR82.78 SAR +2.94

SABIC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BASF SE €71.94 EUR -0.019
EI du Pont de Nemours & Co $51.84 USD -0.18
LyondellBasell Industries NV $85.43 USD +0.17
Reliance Industries Ltd 872.40 INR +3.25
Dow Chemical Co/The $44.00 USD +0.40
View Industry Companies
 

Industry Analysis

SABIC

Industry Average

Valuation SABIC Industry Range
Price/Earnings 11.6x
Price/Sales 1.4x
Price/Book 1.5x
Price/Cash Flow 11.5x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAUDI BASIC INDUSTRIES CORP, please visit www.sabic.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.