When was SABIC founded?

SABIC was founded in 1965 and raised its 1st funding round 44 years after it was founded.

Where is SABIC located?

SABIC is headquartered in Riyadh, Saudi Arabia. It is registered at 10th Floor, Ambience Corporate Tower II Ambience Island, Gurgaon, Gurgaon, Haryana, India, 122001.

Who is the current CEO of SABIC?

Abdulrahman Al-Fageeh, Zhihua Hu, Mursyid Muhammad, Mohamed Al-Mady and Faisal Al Faqeer s of SABIC.

How many employees does SABIC have?

As of Sep 30, 2026, the latest employee count at SABIC is 39067.

Is SABIC a funded company?

SABIC is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 12, 2009.

When was the latest funding round of SABIC?

SABIC's latest funding was a $***** Grant (prize money) round on Sep 01, 2022, with participation from 1 investor.

Where does SABIC rank among its competitors?

SABIC ranks 1st amongst 2 active competitors, none of which are funded.

SABIC - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer and supplier of agro-nutrients and fund of funds focused on new material investments. Committed to long-term investments and business partnerships, and invest heavily in technology and innovation.

Website: www.sabic.com/en
Social
Phone Number: +966 **********
Registered Address: 10th Floor, Ambience Corporate Tower II Ambience Island, Gurgaon, Gurgaon, Haryana, India, 122001

Key Metrics

Founded Year

1965

Location

Riyadh, Saudi Arabia

Stage

Acquired

Latest Funding Round

Grant (prize money), Sep 01, 2022, $*****

Investors

Public Investment Fund & 3 more

Ranked

1^st among 2 active competitors

Employee Count

39,067 as on Sep 30, 2026

Investment & Acquisitions

Novocycle & 18 more

Similar Companies

Ripple & 690 more

Exit Details

Acquired by Saudi Arabian Fertilizer Company (Jan 04, 2021)

View SABIC's full profile

SABIC is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
SABIC INNOVATIVE PLASTICS DENMARK ApS CIN: 20251476 , Denmark, Active	Jun 30, 1997	-	1 (As on Dec 31, 2021)
SABIC INDIA PRIVATE LIMITED CIN: U51109HR1992PTC063757 , India, Active	Jun 15, 1992	₹100 - ₹500 Cr (As on Mar 31, 2025)	36 (As on May 31, 2026)
SABIC INNOVATIVE PLASTICS INDIA PRIVATE LIMITED CIN: U25202GJ2007PTC050658 , India, Active	Apr 25, 2007	₹1,000+ Cr (As on Mar 31, 2025)	162 (As on May 31, 2026)
HIGH PERFORMANCE PLASTICS INDIA PRIVATE LIMITED CIN: U25209HR2019FTC079941 , India, Active	Apr 25, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	53 (As on May 31, 2026)
SABIC RESEARCH & TECHNOLOGY PRIVATE LIMITED CIN: U74110KA1998PTC080762 , India, Active	Feb 19, 1998	₹100 - ₹500 Cr (As on Mar 31, 2025)	187 (As on May 31, 2026)

SABIC got acquired by Saudi Arabian Fertilizer Company on Jan 04, 2021.

Click here to take a look at SABIC's acquisition in detail

SABIC has raised funding over 5 rounds. Its first funding round was on Sep 12, 2009. Its latest funding round was a Grant (prize money) round on Sep 01, 2022 for $*****. 1 investor participated in its latest round. SABIC has 4 institutional investors.

Here is the list of recent funding rounds of SABIC:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2022	8863089	Grant (prize money)	3918439	3065711	6145675	9008880
Jul 23, 2018	2553384	Post IPO	2613786	9333172	9482443	Aramco
Jan 01, 2015	7418294	Grant (prize money)	8847859	6388104	1470043	Europa

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View details of SABIC's funding rounds and investors

The founders of SABIC are Pedro Henrique Dos Santos Eredia and Ravi Mirchandani. Mohamed Al-Mady, Faisal Al Faqeer, Zhihua Hu and Mursyid Muhammad are the CEOs of SABIC.

Here are the details of SABIC's key team members:

Pedro Henrique Dos Santos Eredia: Founder & Director of SABIC.
Ravi Mirchandani: Founder Structural Foam Group of SABIC.
Abdulrahman Al-Fageeh: CEO of SABIC.
Zhihua Hu: CEO of SABIC.
Mursyid Muhammad: CEO of SABIC.

View details of SABIC's Founder profiles and Board Members

SABIC's employee count trend

SABIC has 39,067 employees as of Sep 26. Here is SABIC's employee count trend over the years:

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Top competitors of SABIC include Tasnee. Here is the list of Top 10 competitors of SABIC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SABIC 1965, Riyadh (Saudi Arabia), Acquired	Manufacturer and supplier of agro-nutrients and fund of funds focused on new material investments	-	Public Investment Fund, Aramco & 2 others	74/100
2nd	Tasnee 1985, Riyadh (Saudi Arabia), Public	Manufacturer of petrochemicals & plastic for multiple sector	-	Alfransi Bank	52/100

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SABIC has made 17 investments in companies including Novocycle and Rondo Energy. SABIC has also acquired 2 companies including Black Diamond Structures and FRT Tapes.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 16, 2024	Investments	Novocycle	2021	Sunnyvale (United States)
Aug 16, 2023	Investments	Rondo Energy	2020	Alameda (United States)
Jul 29, 2022	Investments	BiOWiSH	2007	Cincinnati (United States)