SABIC is among the world’s largest petrochemical manufacturers, with operations in around 50 countries and a global workforce of over 31,000 people, as of 2022. It works through four businesses, covering petrochemicals, agri-nutrients, specialties, and metals, with production at 65 manufacturing sites and sales across more than 100 countries. In June 2020, Aramco acquired the government’s 70% stake in SABIC for $69.1 billion. SABIC appointed Abdulrahman Al-Fageeh as CEO in March 2023.