SABIC (Saudi Basic Industries Co)
CEO: Mohamed Al Mady |
Borrowing $17 billion in one year is no mean feat for any organization. But then Sabic is no ordinary business. As Saudi Arabia’s leading conglomerate, the Saudi Basic Industries Company, has influence throughout the world. Sabic produces the key oil-derived ingredients – ethylene, propylene, and benzene, to name some of the biggest – for the pipes and cogs, as well as much of the clutter, on which industrialized societies are built.