Abdulrahman Al-Fageeh - CEO, SABIC
Abdulrahman Al-Fageeh - CEO, SABIC
31 Oct 2024
SABIC, a Saudi-based company, operates globally in over 50 countries, focusing on growth, innovation, and technology development. The company has a significant presence in the United States, South America, Europe, the Middle East, North Africa, Asia, China, Southeast Asia, and Australia1. SABIC's headquarters and major investments are in Saudi Arabia, leveraging the kingdom's hydrocarbon resources. They have recently opened a large cracker in Texas in partnership with ExxonMobil, producing around 2 million tons of ethylene and its derivatives. SABIC emphasizes sustainability as a core value, aiming to reduce greenhouse emissions and improve energy and water conservation. They advocate for a circular carbon economy, planning to circulate at least 1 million tons of waste polymers by 2030. The company has 21 research centers worldwide, developing technologies and holding over 12,000 patents. With more than 1,500 scientists, SABIC focuses on catalysis, processes, applications, and innovation, introducing over 150 new applications annually.