SABIC

PO Box 99
Wilton Centre
Redcar
TS10 4YA

01642 834059
01642 543600

www.sabic.com

Saudi Basic Industries Corporation (SABIC) is one of the world's 10 largest petrochemicals manufacturers. The company is among the world's market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers, as well as the fourth-largest polyolefins producer.

SABIC's profit rose to a record SR 20.3 billion (US$ 5.4 billion) in 2006, a 6 percent increase on 2005. Sales revenues for 2006 totalled SR 86.3 billion (US$ 23 billion), the highest revenues achieved by the company since its inception. Current assets at the end of 2006 were SR 74 billion (US$ 19.7 billion).

SABIC operates six interlinked strategic business units: Basic Chemicals, Intermediates, Specialty Products, Polymers, Fertilizers and Metals. In 2007 SABIC Innovative Plastics was launched as a global supplier of specialty plastics. SABIC has significant research resources and has dedicated Research and Technology and application centers in the Middle East, the Americas, Europe and Asia-Pacific with customers in more than 100 countries. SABIC has more than 30,000 employees worldwide.

In Saudi Arabia, the company has 20 world-scale complexes and 19 of them are located at the two largest sites – in Al-Jubail and in Yanbu. Some of these complexes are operated with multi-national joint venture partners such as ExxonMobil, Shell and Mitsubishi Chemicals. SABIC produces in 23 locations in the Americas and 15 locations in Asia-Pacific. In Europe, SABIC has 15 production sites. There is an additional site in Turkey. SABIC's overall production has increased from 27 million metric tons in 2001 to 49.1 million metric tons in 2006.

Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.

SABIC Europe BV (Sittard, The Netherlands) is a SABIC subsidiary which includes all SABIC's polymers and base chemicals activities in Europe and employs around 3,300 people. SABIC has a European sales offices network, logistic hubs and three petrochemical sites in Europe: at Geleen (The Netherlands), Teesside (United Kingdom) and at Gelsenkirchen (Germany). SABIC Europe produces 3 million metric tons per annum of polyolefins* and 5.7 million metric tons of basic chemicals, mainly for the European market.

including the projected numbers for the SABIC UK Petrochemicals 2008 LDPE plant.

SABIC UK PETROCHEMICALS ON TEESSIDE, UK – BRIEF SUMMARY

SABIC UK Petrochemicals operates a substantial manufacturing operation on Teesside in the North East of the UK, with major production assets at the Wilton International and North Tees chemical complexes, directly employing a total of around 900 employees.

These petrochemicals plants manufacture a range of base chemicals that provide the key raw materials for a vast range of everyday end-products, which are essential for today's modern lifestyles.

In total, SABIC Petrochemicals UK produces over three million tonnes of base chemicals a year from its highly-integrated and well-established Teesside manufacturing plants.

In brief, the production facilities comprise:

  • AnOlefins complex, manufacturing hundreds of thousands of tonnes of ethylene, propylene, butadiene and other gasoline by-products on the world-scale Olefins 'Cracker' plant at the Wilton International Site. From there, products and feedstocks are stored and distributed via ship and cross-country pipelines.
  • SABIC also operates brine wells and ethylene liquefaction facilities at North Tees and stores feedstocks and products for distribution by road and ship.

These manufacturing operations are also closely linked in terms of both feedstocks and finished products.

The petrochemicals products SABIC UK Petrochemicals manufactures provide the basic building blocks for numerous consumer goods for everyday use, such as car components, household goods and furnishings.

The products also go into the manufacture of clothing items such as polyester garments, drinks and food packaging, pharmaceuticals and industrial and engineering applications such as PVC and plastics materials for use in construction - the list is almost endless!