MAIL. Statista. SABIC noted that the abundant shale gas in the U.S. will help the company diversify feedstocks and create new revenue streams. Sabic Innovative Plastics US Annual Revenue and Growth Rate. Saudi Basic Industries Corporation. and over 1 Mio. This statistic is not included in your account. Shares in Sabic were down 1.1 per cent in late morning trade. SABIC Reports 2018 Net Profit of SAR 21.54 Billion. In 2019, SABIC generated around 37 billion U.S. dollars of revenue. Home > Investors > Performance and Financial Highlights > Annual Reports . Sabic swings to fourth quarter loss on weaker revenue and impairment provisions The company reported a loss of 720 million riyals as the average selling cost of its products also declined The Aramco-Sabic transaction is a "significant leap forward” for Saudi Aramco’s downstream strategy, Aramco president and chief executive, Amin Nasser said. SABIC is a diversified chemical company, originally focusing on petrochemicals, and developing its vertical integration on core businesses like Specialties and Agri-Nutrients. Fitch Ratings zufolge betrug der Bruttogewinn des Unternehmens im Jahr 2018 224 Milliarden US-Dollar. Representatives for Sabic and its largest shareholder, Saudi Aramco, declined to comment. In 2018, SABIC had total sales of $45 billion, with a net profit of $8.5 billion on total assets of $85 billion and equity of $59 billion. Then you can access your favorite statistics via the star in the header. The G3 started deliveries in December 2018; the P7, in June 2020. 2018 2017 2018 2017 Income before income taxes 797,896 581,438 212,772 155,050 Adjustments to reconcile income before income taxes to net cash provided by operating activities Depreciation and amortization 41,334 37,175 11,023 9,913 Provisions 107 (91) 28 (24) Exploration and evaluation costs written off 2,951 8,522 787 2,272 Fourth Quarter and 2018 Highlights: Annual Revenues of SAR 169.09 Billion, a 12.9 % Increase Year-Over-Year Net Profit Reaches SAR 21.54 Billion, a 16.87 % Increase Year-Over-Year Earnings per share of SAR 7.18, a 17% Increase Year-Over-Year As a Premium user you get access to the detailed source references and background information about this statistic. The Nusaned Council revealed that since its launch, it has graduated 106 investors qualified to start projects that will create 6,610 jobs and contribute more than SAR8.8 billion ($2.3 billion). ... though revenue for the period fell 11 per cent. Saudi Basic Industries Corporation (SABIC), Saudi Arabia – $34.3bn. Are you interested in testing our corporate solutions? Register in seconds and access exclusive features. 7. Its main office is in Budapest. The positive results also reflect an improvement in average selling prices for products in line with the higher oil price environment. New, Everything you need to know about the industry development, Find studies from all around the internet. Please authenticate by going to "My account" → "Administration". CONFERENCE CALL AND WEBCAST. 2/8/2018. Primary Menu Search. The planned new production facility in Singapore is expected to go online in the first half of 2021. Update, Insights into the world's most important technology markets, Advertising & Media Outlook 8 Feb 2018. Javier Blas. China National Petroleum Corporation (PetroChina) – $26.5bn. SABIC today confirmed annual profits of SAR 5.63 billion ($1.5 billion) as it announced financial results for the fourth quarter of 2019. Specialty chemicals generate about $2 billion of revenue each year for Riyadh-based Sabic, which is controlled by the kingdom’s state energy … As such, in the fourth quarter SABIC established the SABIC Agri-Nutrients Investments Company – a standalone company to consolidate the SABIC’s diverse agri-nutrients portfolio to create more synergies and efficiency. Stock analysis for Saudi Basic Industries Corp (SABIC:Saudi Arabia) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook ... Aramco accounted for 70% of Saudi Arabia’s budget revenue proceeds in 2015-17, and moves by the government to reduce Aramco’s tax rate to 50% from 85% increased the per-barrel profitability of its upstream operations. He noted that despite the end of year challenging pricing environment, SABIC maintains its focus on continued business transformation and operational excellence as we continue to pursue our strategic long-term growth objectives. reported a net sales revenue drop of 1.28% in 2018. You need a Single Account for unlimited access. Specialty chemicals, which Sabic recently carved out as a separate unit, generate about $2 billion of annual revenue, the people said. SABIC announces plans to expand capacity for ULTEM™ and NORYL™ resin production. July 20, 2018, 3:11 PM EDT Updated on July 22, 2018… Deliberations are at … Annual Report. Reuters | Updated: 23-07-2018 15:11 IST | Created: 23-07-2018 15:11 IST. > Sabic Hungary Kft. This statistic shows the revenue of Saudi Basic Industries Corporation (SABIC) from 2013 to 2016, by segment. Sabic Innovative Plastics US's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. View SABIC stock / share price, financial statements, key ratios and more at Craft. (2020). Mon, 26 Oct 2020 Mon, 26 Oct 2020. The ideal entry-level account for individual users. SABIC incurs SAR 2.18 bln net loss in 9M 2020 on lower selling prices, volumes Share Copy to clipboard Saudi Basic Industries Corp. ( SABIC ) reported a net loss after Zakat and tax of SAR 2.18 billion for the first nine months of 2020, compared to a net profit of SAR 6.09 billion in year-earlier period. * Figure for 2015 given in the report as 39.5 billion U.S. dollars. Global Polyarylsulfones Market 2019 offered by Market Research Trade provides the valuable data about market with top players , regions , revenue, price trends , company share, history and forecast of market data, demands and innovations in market. Saudi Basic Industries Corporation (SABIC) – $34.3bn 5. 2019/04/01. SABIC’s chemical business … As a Premium user you get access to background information and details about the release of this statistic. ", Saudi Basic Industries Corporation, Revenue of Saudi Basic Industries Corporation (SABIC) from 2009 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/306084/revenue-of-saudi-basic-industrie/ (last visited January 27, 2021), Revenue of Saudi Basic Industries Corporation (SABIC) from 2009 to 2019, Revenue of the chemical industry worldwide 2002-2019, Distribution of global chemical shipments by segment 2019, Global GDP contribution of the chemical industry by region 2017, Global chemical production change by region 2010-2019, Revenues of the ten leading chemical markets 2019, Global leading chemical exporters based on value 2019, Country ranking - share of global chemical exports 2010-2019, Value of global chemical imports by region 2019, Global chemicals trade balance by region 2017, 2020 global list of leading chemical companies based on revenue, 2020 global list of top chemical companies based on net income, Global leading chemical companies based on market capitalization 2020, Global chemical companies based on number of employees 2020, Consumption of chemicals by world region 2019, Chemical consumption in selected countries worldwide 2019, Value of deals in chemical sector M&As 2009-2020, Number of deals in chemical sector M&As 2009-2020, Global chemical deal volume by target sector 2019, Global value of leading deals in chemical subsectors M&As 2018 & 2019, Value of chemical mergers and acquisitions by world region 2019, Global chemical mergers and acquisitions by region 2019, Leading countries in chemical sector M&As H1 2020, Announced and completed chemical industry deals by value worldwide H1 2020, Monthly global chemical production change due to COVID-19 by region 2020, Global chemical production change due to COVID-19 by type 2020, Global chemical market value forecast by sector 2020-2035, Forecast on global annual chemical industry production growth by region 2020-2024, Net income of Saudi Basic Industries 2009-2019, Saudi Basic Industries - number of employees 2010-2019, Revenue of Saudi Basic Industries by segment 2013-2016, Total assets of Saudi Basic Industries 2009-2019, Production capacity of the largest producers of ethylene worldwide 2013, BASF: revenue in South America 2018, by region, BASF: number of employees in South America 2018, by sub-region, BASF: number of employees in South America 2014-2018, BASF: number of employees in South America 2016, by country, Beiersdorf AG's dividend per share 2001-2019, BASF: revenue distribution in South America 2018, by region, Earnings of U.S. chemical companies in Q1 2010, Air Liquide's dividend per share 2002-2019, Largest U.S. chemical companies based on revenue 2009, Risk factors in the chemical industry 2008-2009, Revenue of Saudi Basic Industries Corporation (SABIC) from 2009 to 2019 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Accessed January 27, 2021. https://www.statista.com/statistics/306084/revenue-of-saudi-basic-industrie/. Toray Industries – $7bn 1. SABIC market cap is ﷼305.4 b, and annual revenue was ﷼139.74 b in FY 2019. HOME. is an enterprise based in Hungary. Learn more about how Statista can support your business. News & Media Announcing the results at a press conference in Riyadh on Jan. 27, Yousef Al-Benyan, SABIC Vice Chairman and CEO, said: "Our continuous commitment on cost control and business excellence delivered by our business transformation program has ensured that we continue to remain ahead of new changes in the global petrochemical market. Annual Revenue ( ﷼ ) SABIC revenue was ﷼139.74 b in FY, 2019 which is a (17.4%) year over year decrease from the previous period. Please create an employee account to be able to mark statistics as favorites. "Revenue of Saudi Basic Industries Corporation (SABIC) from 2009 to 2019 (in billion U.S. Revenue of Saudi Basic Industries by segment 2013-2016 Total assets of Saudi Basic Industries 2009-2019 BASF: revenue distribution in South America 2018, by region SABIC’s sales revenue in China already accounts for approximately 20 percent of its global total. The results reflect success of the company’s transformation initiatives, which was designed to make SABIC even more competitive globally. If you continue without changing these settings, you consent to this - but if you want, you can change your settings at any time at the bottom of this page.Cookie Policy, Home SABIC is one of the top three largest global chemical companies with more than 40 years of organic and inorganic growth. Total assets stood at SR 322.5 billion (US$ 86 billion) at the end of 2017. SABIC has 33,000 employees across 88 locations and ﷼139.74 B in annual revenue in FY 2019. Saudi Aramco CEO Says Deal for Sabic Would Affect IPO Timeline By . It is classified as operating in the Plastics & Rubber Products Manufacturing industry. The Polyarylsulfones market is assembling the business is progressively unique and inventive, the Polyarylsulfones report has predicted the solid […] Sabic is speaking with advisers as it weighs a potential listing of the business as early as 2021, the people said, asking not to be identified as the matter is private. In 2017, the main business revenue and profits of China’s petrochemical industry rose 15.8 percent and 52.1 percent respectively and the Chinese market will continue to play a pivotal role in SABIC’s global marketing strategy. A paid subscription is required for full access. Sabic Innovative Plastics US Revenue Est. In, Saudi Basic Industries Corporation. Thank you for registering for our newsletter. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Sabic's revenue fell 23 per cent from a year earlier to SR33.69 billion, it said. Ineos – $15.3bn 10. Saudi Basic Industries Corp. reported a net loss after Zakat and tax of SAR 2.18 billion for the first nine months of 2020, compared to a net profit of SAR 6.09 billion in year-earlier period. Search; At a Glance. Wael Mahdi. Sabic Innovative Plastics US's Annual Report & Profile shows critical firmographic facts: What is the company's size? The company attributed the increase in loss to 68.3% decline in revenue, mainly due to no contribution from the construction sector during the year. Despite the fourth quarter seeing higher sales volumes up by two percent on the previous quarter, a decline in petrochemical prices significantly affected profitability in the fourth quarter relative to earnings earlier in the year. Corporate solution including all features. Revenue in the three months to … NEWS ... US$369.8 million in total revenue. It did not disclose the value of the deal then, but based on market value the stock was worth $2.4 billion. Share Copy to clipboard. In 2018, SABIC acquired a stake in Swiss chemicals group Clariant to expand into higher-margin products used in cosmetics, catalysts and biofuel. Production in 2017 stood at 71.2 million metric tons. Sales market share of world regions in the chemical industry 2009-2018. SABIC deal lets Saudi Arabia delay Aramco IPO, spend on growth . > The company was established on May 01, 2006. Certain figures and percentages included in this document … Dollars). 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