SABIC was established in 1976 to add value to Saudi Arabia's natural hydrocarbon resources. The parent company is among the leading petrochemical companies in terms of sales and product diversity. Headquartered in Riyadh, SABIC is the Middle East's largest non-oil industrial company. The company maintains divisions throughout the world, including SABIC Americas, which maintains offices in Houston, Texas. The company is further divided into six business units: basic chemicals, intermediates, polyolefins, PVC and polyester, fertilizers and metals. Basic chemicals produced include: methanol, ethylene, propylene, benzene, xylene, Methyl Tertiary Butyl Ether, styrene, Crude Industrial Ethanol, butadiene and butene-1. Intermediates produced are numerous and include many natural gases. The company s interests in plastics (PVC and polyester) has reaped much as industries turn toward less-expensive plastic alternatives as replacements for more costly metals.
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