MEED: SABIC’s Brand Value Rises to $4.9 Billion

Saudi Basic Industries Corporation (SABIC) recorded net income exceeding $400 million in 2024, according to MEED magazine.

According to previous reports, the company’s brand value grew by 3.7%, reaching $4.9 billion in 2024, achieving second place in the chemical industry rankings for the second year in a row.

SABIC attributed its success to teamwork and its commitment to building strong customer relationships. This performance is in line with the company’s vision to become the world’s leading chemical company. The company’s efforts to highlight its role in the industry and emphasize best practices have contributed to the increase in its brand value.