Saudi Basic Industries will operate the upcoming Ras Al-Khair cracking refinery, proposed to be built at Eastern Province, Saudi Arabia. According to GlobalData, who tracks and profiles more than 1,400 refineries worldwide, the integrated cracking refinery will be owned by Saudi Basic Industries, with operations expected to start in 2025. Buy the profile here.

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About Saudi Basic Industries

Saudi Basic Industries Corp (SABIC), a subsidiary of Saudi Arabian Oil Co, is a manufacturer of petrochemicals. The company is engaged in the manufacturing of petrochemicals, chemicals, industrial polymers, fertilizers and metals. It also provides engineering tools, molded sample Xpress, fast formulation service colorXpress and small order quantities service. The company operates brands such as Elcres, Valox, GTX, Lexan, LNP, ColorXpress, and Cycoloy, among others. It has a geographical presence across the Americas, Europe, Asia Pacific and the Middle East. SABIC is headquartered in Riyadh, Saudi Arabia.

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This content was updated on 7 February 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.