While participating in the Big 5 exhibition..
SABIC showcased its range of solutions for sustainable metals and pipes in the construction sector, and highlighted its local content initiative, during its participation in the Big 5 International Building and Construction Exhibition, which will be held in Dubai from December 5 to 8, 2022.
SABIC is one of the largest iron and steel manufacturers in the Middle East and North Africa region. During its participation in the exhibition, it highlighted its products of flat and long steel, in addition to new pipe grades, such as (BiAx PE/PP), (PERT II) and (PE100). Orange).
All of the final products on display, which are made from SABIC materials, were produced locally, demonstrating the manufacturing capabilities in the Kingdom and reflecting SABIC’s contributions to achieving the goals of the Saudi Industrialization Program.
SABIC also participated by presenting its pioneering initiative (Nusaned™) and (Nusaned Investment™), which aim to encourage investment in small and medium-sized companies and support the development of local content. SABIC was keen to inform the exhibition participants of the initiative’s goal, which is to facilitate SABIC’s transformation into a major enabler in achieving (Saudi Vision 2030) by providing opportunities for investors who wish to develop their businesses in innovative and pioneering industrial sectors.
For more than a decade, SABIC has been participating in the largest exhibition of its kind in the Middle East, joining major developers, contractors, importers, manufacturers, and local and regional distributors.
During the exhibition, teams from (Hadeed) and the global pipe sector in (SABIC) participated in presenting a range of industry-leading products and solutions, communicated directly with many potential customers, and identified areas available to study partnerships and new investment opportunities.
The company took advantage of the strong international presence and participation at the exhibition to meet with potential foreign investors and highlight how it is supporting Saudi Arabia in promoting large-scale construction and infrastructure projects in the Middle East.
#Government data
– is over –
(SABIC) in a nutshell
The Saudi Basic Industries Corporation (SABIC) is a leading global company in the field of producing various chemicals, with its main headquarters located in Riyadh, the capital of the Kingdom of Saudi Arabia. The company operates its manufacturing operations globally across the Americas, Europe, the Middle East, and the Asia Pacific region; It provides a wide variety of products, including: chemicals, basic and specialty plastics, agricultural nutrients, and minerals.
SABIC supports its customers by identifying and developing opportunities within key end markets, including construction, medical devices, packaging, agro-nutrition, electrical and electronics, transportation, clean energy, and others.
In 2021, SABIC achieved net profits of 23 billion Saudi riyals (6.15 billion US dollars), sales revenues in the same year were 174 billion Saudi riyals (46.6 billion US dollars), and total assets amounted to 318 billion Saudi riyals (84.9 billion US dollars). ), and the volume of production during the year 2021 AD was 58 million metric tons.
The company operates in regarding fifty countries around the world, and its human capital includes more than 31 thousand employees, and it has succeeded – thanks to its encouragement of innovation and stimulating the spirit of creativity – in registering and owning 10,090 patents; With large research resources that include central hubs for innovation spread across five main geographic regions: the United States of America, Europe, the Middle East, South Asia, and North Asia.
