SABIC is a global chemicals manufacturer supplying diversified industrial products. It recorded 11.68 MMT in sales, and introduced more than 90 new products and solutions in the third quarter of 2025. It also launched the methyl tertiary butyl ether (MTBE) project at Petrokemya in Saudi Arabia with an annual production capacity of one MMT. In Early 2026, SABIC sold its European Petrochemicals business to AEQUITA and its Engineering Thermoplastics business in the U.S. and Europe to MUTARES, for a combined enterprise value of $950 million. Total assets stood at $70.5 billion as of September 2025.