SABIC reported a net adjusted income of SAR 698 million for the third quarter of 2025, representing a 45% increase compared to the previous quarter’s figure of SAR 484 million. The company’s revenues reached SAR 34.3 billion in Q3, with sales volumes totaling 11.68 million metric tons.
During a press conference at SABIC’s headquarters in Riyadh, CEO Abdulrahman Al-Fageeh discussed the company’s ongoing efforts to refine its business model and improve operational efficiency. He stated, “The company continues to develop its business model and enhance its operational efficiency to adapt to all dynamics and achieve sustainable value for its shareholders in the medium and long terms in the interest of a more resilient and sustainable future that is line with our priorities and strategic objectives.”
Al-Fageeh noted progress in SABIC’s transformation program aimed at cost excellence and value creation, achieving 10% of its 2030 target so far as part of broader initiatives to improve costs and maximize shareholder value.
He also announced the early launch of the MTBE project at Petrokemya in Saudi Arabia. This facility is now considered the world’s largest single plant for producing methyl tertiary butyl ether (MTBE), with an annual capacity of one million metric tons. The project uses SABIC-licensed technology within its dehydrogenation unit. Additionally, Al-Fageeh confirmed that construction on the SABIC Fujian Petrochemical Complex Project in China remains on schedule and within budget.
In Q3, SABIC expanded its portfolio of low-carbon products, completing its first low-carbon methanol deal and introducing over 90 new products tailored to customer needs globally. The company has also increased local content by 17% compared to last year, supporting local investment growth and technology transfer initiatives aligned with Saudi Arabia’s economic development goals.
SABIC generated free cash flow amounting to SAR 3.86 billion during the first nine months of this year—an increase of 81% from the same period last year—reflecting strong operational performance among global petrochemical companies.
