Description
SWOT ANALYSIS OF SAUDI BASIC INDUSTRIES
SABIC Saudi Basic Industries
Parent Company
Saudi Basic Industries Corporation (SABIC)
Category
Diversified Chemical
Sector
Industrial products
Tagline/ Slogan
Sharing Our Futures
USP
World’s 2nd largest diversified chemicals company
STP
Segment
Manufacturing companies and industries
Consumer good manufactures, Fertilizer manufacturing sector, Automotive, Electronics, Construction, Health care sector and Aircraft Target Group manufacturers
Positioning
Meeting the unmet needs of customers through innovation
SWOT Analysis
1. World's market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers. 2. Comprehensive portfolio of chemical products addressing diverse customer base and global presence in 40 countries 3. Significant research and development with 17 dedicated Technology & Innovation facilities across the globe. 4. Strong Customer Value Enhancement policies through customized process-oriented solutions 5. Nearly 40,000 employees form a part of the workforce Strength 6. Strong backing by the Saudi govt makes it a strong player
1. Dumping allegations by countries like India, Turkey hamper brand image 2. Turbulent relationship with subsidiaries on Sublicensing overcharging issues Weakness 3. Weak supply chain than can affect the efficiency of SABICs network
1. Joint Ventures can help in increasing capacity and meeting demands effectively 2. Leveraging on strong innovation and technological capabilities to improve product portfolio Opportunity 3. Demand for sustainable innovation in fertilizer business
1. Environmental liabilities could result in substantial costs and increased potential liabilities 2. Political instability in the Middle East might disrupt operations Threats 3. Intense competition in petrochemical field affecting profitability
Competition
1.Reliance Industries Limited 2.Mitsubishi Chemical 3.Lyondell Basell Industries AF S.C.A. 4.Formosa Petrochemical Corporation Competitors 5.Braskem SA
doc_129368363.docx
SWOT ANALYSIS OF SAUDI BASIC INDUSTRIES
SABIC Saudi Basic Industries
Parent Company
Saudi Basic Industries Corporation (SABIC)
Category
Diversified Chemical
Sector
Industrial products
Tagline/ Slogan
Sharing Our Futures
USP
World’s 2nd largest diversified chemicals company
STP
Segment
Manufacturing companies and industries
Consumer good manufactures, Fertilizer manufacturing sector, Automotive, Electronics, Construction, Health care sector and Aircraft Target Group manufacturers
Positioning
Meeting the unmet needs of customers through innovation
SWOT Analysis
1. World's market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers. 2. Comprehensive portfolio of chemical products addressing diverse customer base and global presence in 40 countries 3. Significant research and development with 17 dedicated Technology & Innovation facilities across the globe. 4. Strong Customer Value Enhancement policies through customized process-oriented solutions 5. Nearly 40,000 employees form a part of the workforce Strength 6. Strong backing by the Saudi govt makes it a strong player
1. Dumping allegations by countries like India, Turkey hamper brand image 2. Turbulent relationship with subsidiaries on Sublicensing overcharging issues Weakness 3. Weak supply chain than can affect the efficiency of SABICs network
1. Joint Ventures can help in increasing capacity and meeting demands effectively 2. Leveraging on strong innovation and technological capabilities to improve product portfolio Opportunity 3. Demand for sustainable innovation in fertilizer business
1. Environmental liabilities could result in substantial costs and increased potential liabilities 2. Political instability in the Middle East might disrupt operations Threats 3. Intense competition in petrochemical field affecting profitability
Competition
1.Reliance Industries Limited 2.Mitsubishi Chemical 3.Lyondell Basell Industries AF S.C.A. 4.Formosa Petrochemical Corporation Competitors 5.Braskem SA
doc_129368363.docx