Sabic is established by royal decree signed by King Khalid Abdul Aziz Al Saud.
Yanbu Master Plan is commissioned.
Work begins on Yanbu industrial and commercial port and desalination plant.
1977
Construction camps are erected at AlJubail and ground is broken for industrial infrastructure.
Sabic personnel go to the United States for training; Sabic and Dow Chemical sign interim agreement on joint venture.
Sabic and Exxon sign interim agreement.
Sabic and a Japanese consortium led by Mitsubishi sign interim agreement.
Sabic and KorfStahl sign interim agreement.
1978
Building of AlJubail Industrial City begins.
AlJubail Human Resources Training Centre is opened.
1979
Saudi Methanol Company (Ar Razi) is formed.
AlJubail airport runway is completed.
King Khalid inaugurates Yanbu Project.
Regional partnerships are created with Aluminum Bahrain Company (ALBA), Gulf Aluminum Rolling Mill Company (GARMCO) and Gulf Petrochemicals Industries Company (GPIC) in Bahrain.
1980
Construction of Hadeed begins in AlJubail.
Saudi Petrochemical Company (Sadaf) is formed.
AlJubail Petrochemical Company (Kemya) is formed.
Saudi Yanbu Petrochemical Company (Yanpet) is formed.
1981
Eastern Petrochemical Company (Sharq) is formed.
Arabian Petrochemical Company (Petrokemya) is formed.
King Fahd Industrial Port is completed at AlJubail and the first ship arrives.
1982
AlJubail Industrial City becomes largest construction project in world.
Work begins on National Methanol Company (Ibn Sina) complex at AlJubail.
First shipment of iron ore is received at AlJubail.
Hadeed becomes first primary industry to start production.
Master Gas System in Eastern Province becomes fully operational.
1983
Sabic announces it will offer a portion of its shares for public subscription in 1984.
Three new industries start production: Hadeed, with production capacity of 800,000 mt/y of steel reinforcing bars and rods - Samad (urea) and Ar Razi, (methanol).
On April 20, first shipment of 33, 000 mt of chemical grade methanol produced by Ar Razi leaves for Japan.
A 2,240 tonne module the largest ever conveyed by land arrives from Japan for Petrokemya.
New Sabic headquarters opens in Riyadh and 276 employees move in.
Sabic Marketing Ltd and Sabic Services Ltd are established.
1984
The Custodian of the Two Holy Mosques, King Fahd, inaugurates Hadeed, Samad, and Ar Razi in AlJubal.
National Plastic Company (Ibn Hayyan) is established in partnership with Saudi private sector investors.
National Chemical Fertiliser Company (Ibn Al - Baytar) is formed.
Five Sabic industries come on stream ahead of schedule: Ibn Sina, Sadaf, Kemya, Yanpet, and Gas.
First public offering of Sabic shares sells out - 30 per cent of Sabic shares are now held by private sector.
Sabic Technical Services Laboratory is built in Riyadh and equipped with advanced facilities for product development and testing.
Marketing activity begins, coinciding with production of linear low-density polyethylene under trade name Ladene.
1985
International joint venture partners now include Shell, Mobil, Exxon, Taiwan Fertiliser Company, Mitsubishi Group, Celanese, Neste Oy and Enichem.
Petrokemya, with design capacity of 500,000 mt/y of ethylene, commences production.
Sharq, with design capacity for 130,000 mt/y of Ladene and 300,000 mt/y of ethylene glycol, comes on stream.
Yanpet, with design capacity for 560, 000 mt/y of ethylene, 430,000 mt/y of polyethylene and 250,000 mt/y of ethylene glycol, becomes operational.
All 12 first generation domestic industries are now on stream.
Sabic Marketing Ltd prepares to market all chemical grade methanol produced by GPIC of Bahrain, in which Sabic is the Saudi Arabian joint venture participant with Bahraini and Kuwaiti partners. GPIC begins production of 330,000 mt/y of methanol and 330,000 mt/y of ammonia.
On August 30, new 43,000 dead weight tonnes chemical tanker Oqbah Ibn Nafi departs from King Fahd Industrial Port on her maiden voyage with 42,000 mt of chemical grade methanol manufactured by Ibn Sina.
Ladene becomes trademark for all of Sabic's plastic resins.
Safco adds melamine production.
Sabic launches first worldwide corporate advertising program.
Production hits 6,300,000 mt.
1986
Sabic celebrates its first decade with 73 world class manufacturing projects on stream and two more scheduled to begin production in 1988.
Ladene resins are featured at Sabic's inaugural appearance at K86 plastics trade fair in Dusseldorf Germany.
Construction begins on Ibn Zahr facilities.
Yanpet begins commercial production.
Ibn Hayyan begins production of vinyl chloride monomer (VCM) and polyvinyl chloride (PVC).
Sabic production reaches 9, 000,000 mt.
1987
Ibn Al-Baytar starts up as joint venture of Sabic and Safco.
Petrokemya in AlJubail starts up 50,000 mt/y butene1 monomer plant. Production capacity at eight of Sabic's 14 operating industries increases by more than 1,000,000 mt/y to bring total nonmetal production capacity to 9,200,000 mt/y, an increase of more than 13 per cent.
Sabic announces decision to develop an industrial research and technology complex.
1988
Ibn Al-Baytar begins commercial production.
Ibn Zahr begins commercial production of methyl tertiary butyl ether with design capacity of 500,000 mt/y.
Petrokemya begins production of plastic resin polystyrene at a rate of 100,000 mt/y.
Sabic splits its shares 70 for one and pays its first dividend of SR25 per share.
Sabic Marketing Ltd opens offices in Great Britain, Japan and the United States.
Sabic Marketing Services Ltd establishes offices in Hong Kong and Tokyo.
Sabic Marketing Technical Centre opens in Riyadh Industrial Centre.
Production reaches 10,900,000 tonnes.
1989
Construction progresses at Hadeed, more than doubling steel production capacity to 2,000,000 tonnes per year.
First product sales are made in South America. Sabic's Technical Services Laboratory becomes part of Sabic Research and Development Organization.
1990
Second marketing subsidiary is formed in Houston, Texas, to conduct market research for Sabic and its affiliates.
Sabic Marketing Asia Ltd is formed in Hong Kong to serve growing economies of Asia.
National Chemical Carriers (NCC), a national shipping company, is formed. Sabic has a 20 percent interest.
Second generation of expansion projects is announced. Production reaches 11,500,000 mt.
During second Gulf War Sabic's supply of products continues.
1991
Safco begins manufacture of liquid fertilisers.
Ibn Al-Baytar begins commercial production of liquid fertilisers, urea, compound fertilisers, and phosphates.
Saudi Arabian Fertiliser Marketing Company (Sanapik) is created to provide Sabic customers with single source for product supply and service.
Safco builds second fertiliser complex at Al Jubail.
Sabic Industrial Complex for Research and Technology begins operations in Riyadh.
Production reaches 73,000,000 mt.
1992
Ibn Sina begins production of MTBE in AlJubail.
Expansion of Ar Razi is completed, doubling its capacity to make it world's largest producer of chemical grade methanol in a single complex.
Samad announces it will diversify into production of 2 ethylhexanol (2EH).
Sabic and its affiliates initiate Total Quality Management (TOM) programmes.
Four Sabic affiliates become first companies in Middle East to receive ISO 9000 certification.
1993
Arabian Industrial Fibres Company (Ibn Rushd) is established at Yanbu as 16th manufacturing affiliate.
Petrokemya is expanded as a new flexible feed ethylene cracker comes on stream, producing ethylene, propylene, butadiene, and benzene.
Ibn Zahr's second MTBE plant comes on stream.
Gas increases capacity for production of oxygen and nitrogen.
Sharq boosts production of ethylene glycol.
Safco's new fertiliser complex at AlJubail comes on stream.
New Sabic marketing subsidiaries are formed in Germany, Italy, and Singapore.
Sabic Marketing Services Ltd is renamed Sabic Services Ltd licensing agreements are granted for Sabic and IFP developed butene1 technology.
Production hits 17,000,000 mt.
By end of year, Sabic has invested SR37.5 billion ($10 billion) and foreign partners SR30 billion ($8 billion), in Sabic projects.
1994
Safco and Ibn-Baytar unify management and consolidate operations.
Sabic's 16th manufacturing affiliate, Ibn Rushd, is under construction in Yanbu.
Sabic Industrial Complex for Research and Technology is dedicated by Prince Salman Bin Abdul Aziz, Governor of Riyadh Region.
Production leaps to 20,700,000 mt.
1995
Sabic earns record net profit of SR6.3 billion (US $7.67 billion).
Dr Hashim A Yamani is appointed Minister of Industry and Electricity and chairman of Sabic.
Sabic advertising reflects new global image.
Sabic Terminal Services Company Ltd (Sabtank) is formed.
Expansions of Ibn Zahr, Ibn Hayyan, and Samad are completed.
Contracts for Ibn Rushd PTA and aromatics plants are awarded.
Ibn Rushd polyester plant starts up.
European marketing subsidiaries are dedicated in Germany and Italy.
Production rises to 22,000,000 mt/y.
1996
Ibn Hayyan Plastic Products Company (Tayf) is incorporated in partnership with Saudi private sector.
Sabic launches first international television advertising campaign.
Sabic celebrates 20th anniversary.
Prince Abdulmajed Bin Abdul Aziz, Governor of Medinah, presides at ceremonies to inaugurate Phase I of Ibn Rushd polyester complex in Yanbu.
Samad begins production of dioctyl phthalate (DOP).
Hadeed increases steel production by 850,000 mt.
Yanpet announces plans to double its ethyl cracking capacity.
GAS builds new production complex at Yanbu.
Sabic's continued growth makes it the largest joint stock company in the Middle East.
Sabic Satellite Technology Centres are planned to develop relevant technology in their host countries.
Production now stands at 22,800,000 mt/y.
1997
Prince Sultan bin Abdulaziz, lays cornerstone of new Hadeed flat steel plant, inaugurates Gulf Ferro Alloys Company (Sabayek), in which Sabic Industrial Investments Company is a shareholder, and Sadaf's expansion project.
Sabic opens first overseas Satellite Technology Centre in Houston, Texas.
Sabic is reorganized into Strategic Business Units (SBUs) grouped into five business sectors.
New corporate "wordmark" logo is introduced.
All Sabic manufacturing affiliates and Sabic marketing organisations become ISO 9002 quality certified.
Sabic assets top $18 billion and production hits nearly 24,000, 000 mt/y.
1998
Council of Ministers appoints Mohamed H Al-Mady as the third vice chairman and managing director of Sabic.
Sabic's AlJubail office moves into a newly constructed complex.
1999
Saudi Arabia celebrates the 100th anniversary of its founding, with Sabic representing Saudi Arabia's new industrial image.
Production rises to over 25,000,000 mt/y.
Ar Razi starts up its fourth chemical grade methanol plant.
Kemya and Yanpet expand.
Ibn Rushd begins production of benzene, paraxylene and orthoxylene.
Tayf starts up.
Gas diversifies to produce krypton xenon for overseas markets.
Safco becomes second largest producer of urea fertiliser in the world.
Hadeed's second plant in AlJubail begins production of flat steel.
2000
Expansion projects coming on stream elevate production levels to 28,000,000 mt/y.
Construction of new Sabic headquarters continues toward target completion in 2001.
Petrokemya's third olefins unit starts up.
Sadaf's second styrene plant goes on stream.
2001
Total production capacity reaches 35,000,000 mt/y.
Yanpet output doubles as new facilities begin commercial production.
Sabic shareholders approve dividend payments of SR1.33 billion.
Sabic signs 200,000 mt/y ethylene glycol supply contract with Huvis of South Korea.
Sabic develops new technology for the production of Linear Alpha Olefins with German engineering company, Linde AG.
Sabic signs agreement to deliver 630,000 mt of caustic soda to Australian ALCOA, over five years.
Jubail United Petrochemical Company (United), a wholly owned Sabic affiliate awards contracts for its ethylene plant.
Sabic's Board of Directors
