{"id":21386,"date":"2023-03-09T05:17:57","date_gmt":"2023-03-09T05:17:57","guid":{"rendered":"https:\/\/www.forbesmiddleeast.com\/lists\/?page_id=21386"},"modified":"2026-01-10T16:08:45","modified_gmt":"2026-01-10T16:08:45","slug":"saudi-basic-industries-corp-sabic","status":"publish","type":"page","link":"https:\/\/www.forbesmiddleeast.com\/lists\/10-most-innovative-companies-in-saudi-arabia\/saudi-basic-industries-corp-sabic\/","title":{"rendered":"Saudi Basic Industries Corp. (SABIC)"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container white-container max-width-1100 hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"background-color: rgba(255,255,255,0);background-position: center center;background-repeat: no-repeat;border-width: 0px 0px 0px 0px;border-color:#eae9e9;border-style:solid;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-center\" style=\"width:104% !important;max-width:104% !important;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\" style=\"background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;padding: 0px 0px 0px 0px;\"><div class=\"fusion-text fusion-text-1 main-list-name\"><p><a href=\"https:\/\/www.forbesmiddleeast.com\/lists\/10-most-innovative-companies-in-saudi-arabia\">10 Most Innovative<br \/>\nCompanies in Saudi Arabia<\/a><\/p>\n<\/div><style>\n.main-list-name p a{\n  color:black !important;\n}\n.main-list-name a:hover{\n   color:black !important;\n}\n.forbes-logo-img img{\n    max-width:200px !important;\n    padding:10px 0px;\n}\n.main-list-name p{\n\tfont-family: \"SchnyderM\" !important;\n    font-size: 100px !important;\n    color: black !important;\n    text-align: center !important;\n    line-height: 100px !important;\n    margin-bottom: 50px;\n    font-weight: bold;\n    letter-spacing:0px !important;\n}\n.max-width-1100{\n     max-width: 1500px;\n     margin: 0 auto !important;\n}\n.list-year p{\n   font-size:20px;\n    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type=\"text\/css\">.fusion-body .fusion-flex-container.fusion-builder-row-1{ padding-top : 50px;margin-top : 0px;padding-right : 0px;padding-bottom : 0px;margin-bottom : 0px;padding-left : 0px;}@media only screen and (max-width:640px) {.fusion-body .fusion-flex-container.fusion-builder-row-1{ padding-right : 10px;padding-left : 10px;}}<\/style><\/div>\n<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container max-width-1140 list_container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"background-color: #132030;background-position: center center;background-repeat: no-repeat;border-width: 0px 0px 0px 0px;border-color:#eae9e9;border-style:solid;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1185.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_3 1_3 fusion-flex-column list_image\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\" style=\"background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;padding: 20px 20px 20px 20px;\"><div class=\"fusion-text fusion-text-2 list_image\">    <img decoding=\"async\" width=\"1200\" height=\"1200\" src=\"https:\/\/forbesme-prestaging-media.s3.us-east-2.amazonaws.com\/lists\/uploads\/2023\/03\/07061141\/sabic-1.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" srcset=\"https:\/\/forbesme-prestaging-media.s3.us-east-2.amazonaws.com\/lists\/uploads\/2023\/03\/07061141\/sabic-1-66x66.jpg 66w, https:\/\/forbesme-prestaging-media.s3.us-east-2.amazonaws.com\/lists\/uploads\/2023\/03\/07061141\/sabic-1-150x150.jpg 150w, 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1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>    \n  \n<\/div><\/div><\/div><style type=\"text\/css\">.fusion-body .fusion-builder-column-1{width:33.333333333333% !important;margin-top : 0px;margin-bottom : 20px;}.fusion-builder-column-1 > .fusion-column-wrapper {padding-top : 20px !important;padding-right : 20px !important;margin-right : 0%;padding-bottom : 20px !important;padding-left : 20px !important;margin-left : 0%;}@media only screen and (max-width:1024px) {.fusion-body .fusion-builder-column-1{width:100% !important;order : 0;}.fusion-builder-column-1 > .fusion-column-wrapper {margin-right : 1.92%;margin-left : 1.92%;}}@media only screen and (max-width:640px) {.fusion-body .fusion-builder-column-1{width:100% !important;order : 0;}.fusion-builder-column-1 > .fusion-column-wrapper {margin-right : 0%;margin-left : 0%;}}<\/style><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_2_3 2_3 fusion-flex-column\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\" style=\"background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;padding: 20px 20px 20px 20px;\"><style type=\"text\/css\">@media only screen and (max-width:1024px) {.fusion-title.fusion-title-1{margin-top:0px!important;margin-bottom:0px!important;}}<\/style><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-one list_title\" style=\"margin-top:0px;margin-bottom:0px;\"><h1 class=\"title-heading-left\" style=\"margin:0;color:#d00436;\">\n<style type=\"text\/css\">\n  @media only screen and (max-width: 600px) {\n    .custom_line_height{\n      line-height: 40px !important;\n    }\n  }\n\n<\/style>\n<h1 class=\"title-heading-left custom_line_height\" style=\"margin:0;color:#d00436;\"><span class=\"custom_rank\">2. <\/span><span class=\"list_entry_title\">Saudi Basic Industries Corp. (SABIC)<\/span><\/h1>\n\n\n<\/h1><\/div><div class=\"fusion-text fusion-text-3\" style=\"font-size:17px;line-height:1.7;letter-spacing:0.01em !Important;color:#ffffff;\">\n<style type=\"text\/css\">\n  ._22Ymv{\n    font-family: \"Euclid\" !important;\n    color: black !important;\n    margin-top: 10px;\n  }\n  \n<\/style>\n<div class=\"_22Ymv\">\n<p>With operations in over 50 countries and 10,090 patents and pending applications in 2021, SABIC works with universities, institutes, and research centers to promote collaboration in fundamental and applied research. And the company also has a Corporate Technology and Innovation initiative that comprises research projects across 20 centers with a focus on technologies, including nanotechnology, AI, and machine learning. SABIC\u2019s products include specialty engineered thermoplastic resins and compounds, composites, thermosets and additives, and additive manufacturing solutions. In 2021, SABIC established a partnership with chemical and industrial gas giants BASF and Linde to develop electrically-powered steam cracker technology that aims to reduce carbon emissions by over 90%. Besides these achievements, it plans to invest $1.4 billion into its Teesside petrochemical facility to reduce its carbon footprint initially by up to 60%. It also entered an agreement with the World Economic Forum and industry partners to formalize the \u201cLow-Carbon Emitting Technologies Initiative\u201d into a stand-alone entity by 2023. <\/p>\n<\/div>\n\n\n\n<p><span data-sheets-root=\"1\">Benvenuto nel tempio dell&#8217;intrattenimento dove il lusso incontra le probabilit\u00e0 di vincita pi\u00f9 alte del settore. Il rinomato <a class=\"in-cell-link\" href=\"https:\/\/winspark.app\/\" target=\"_blank\" rel=\"noopener\">winspark casino<\/a> ti offre un ambiente sicuro e raffinato per vivere l&#8217;emozione pura del grande azzardo. Scommetti sulla tua stella e lasciati coccolare da un servizio di classe mondiale.<\/span><\/p>\n<\/div><div class=\"fusion-text fusion-text-4\">  <style type=\"text\/css\">\n    .nav_link, .nav_link:hover {\n      color: #D00436 !important;\n      font-size: 16px;\n      margin: 0 10px;\n    }\n    .nav_link i {\n        font-size: 13px;\n    }\n    .nav_link{\n      overflow: hidden;\n      white-space: nowrap;\n    }\n    @media only screen and (min-width: 768px) {\n      .Next{\n        text-align: right;\n      }\n      .previous{\n        text-align: left;\n      }\n    }\n  <\/style>\n  <div class=\"row\">\n    <div class=\"navigation\">\n      <div class=\"col-lg-6 col-md-6 col-sm-12\">\n                    <div class=\"previous\">\n            \n            <a class=\"nav_link\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/10-most-innovative-companies-in-saudi-arabia\/saudi-arabian-oil-co-saudi-aramco\/\" title=\"Saudi Arabian Oil Co. 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(SABIC) - 10 Most Innovative Companies in Saudi Arabia- Forbes Lists<\/title>\n<meta name=\"description\" content=\"With operations in over 50 countries and 10,090 patents and pending applications in 2021, SABIC works with universities, institutes, and research centers to promote collaboration in fundamental and applied research. And the company also has a Corporate Technology and Innovation initiative that comprises research projects across 20 centers with a focus on technologies, including nanotechnology, AI, and machine learning. SABIC\u2019s products include specialty engineered thermoplastic resins and compounds, composites, thermosets and additives, and additive manufacturing solutions. In 2021, SABIC established a partnership with chemical and industrial gas giants BASF and Linde to develop electrically-powered steam cracker technology that aims to reduce carbon emissions by over 90%. Besides these achievements, it plans to invest $1.4 billion into its Teesside petrochemical facility to reduce its carbon footprint initially by up to 60%. It also entered an agreement with the World Economic Forum and industry partners to formalize the \u201cLow-Carbon Emitting Technologies Initiative\u201d into a stand-alone entity by 2023.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forbesmiddleeast.com\/lists\/10-most-innovative-companies-in-saudi-arabia\/saudi-basic-industries-corp-sabic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Basic Industries Corp. 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