SABIC is a global supplier and manufacturer of diversified chemicals, with operations in 43 countries and a global workforce of over 28,000 people, as of 2024. The company swung from a $102.5 million loss in 2023 to a $993 million profit in 2024. In February 2025, SABIC completed the sale of its 20.62% stake in Aluminum Bahrain (Alba) to the Saudi Arabian Mining Company (Maaden) for $966.3 million. SABIC became 70% owned by Saudi Aramco under a $69.1 billion deal in 2020.