Wedoany.com Report on Mar 6th, Saudi Basic Industries Corporation (SABIC) released its 2025 financial report on March 5, showing full-year sales revenue of SAR 116.5 billion and adjusted net income of SAR 2.1 billion. The company's free cash flow reached SAR 7.2 billion, a year-on-year increase of 17%, and it plans to distribute an interim dividend of SAR 4.5 billion. These figures reflect SABIC's solid operational performance among global petrochemical companies.
At a press conference held at its headquarters in Riyadh, Saudi Arabia, SABIC CEO Abdulrahman Al-Fageeh stated, "The company is enhancing its resilience to navigate structural changes in the petrochemical industry by strengthening safety standards and improving plant reliability. Our strategy has already delivered SAR 2.34 billion in value through our transformation program and created SAR 12.26 billion in value through synergies with Saudi Aramco." He noted that the industry faces challenges from supply-demand imbalances, but SABIC's strategy helps overcome these difficulties.
Al-Fageeh shared the latest progress on SABIC's growth projects. He pointed out that the Methyl tert-butyl ether (MTBE) project in Jubail, Saudi Arabia, is now operational with an annual capacity of 1 million tons. Meanwhile, construction of the SABIC-Fujian Petrochemical Complex (Sino-Saudi Gulei Ethylene Project) in China is progressing as planned and nearing completion. The company has also made decisions on several future projects, including expanding the polyvinyl ether specialty oligomers project to support the artificial intelligence field and building a new thermoplastic engineering plastics alloy plant in China.
Al-Fageeh emphasized, "SABIC places high importance on technological innovation. We have launched over 490 AI-driven digital models, with 45% of our facilities using AI tools to enhance efficiency, safety, and energy efficiency. Last year, we also introduced 148 new products to meet global customer demands." As a result, the company has received numerous international recognitions, such as the King Abdulaziz Quality Award and the Edison Awards, solidifying its position in the petrochemical industry.
SABIC's brand value increased by 5.4% year-on-year to USD 5.19 billion, surpassing the USD 5 billion mark for the first time and ranking second among the world's most valuable chemical brands for the sixth consecutive year. This achievement reflects the industry's confidence in SABIC and the company's solid brand reputation, supporting its goal of creating value for shareholders in the medium to long term.
