SABIC Donates $200,000 for Hurricane Harvey Relief Efforts

HOUSTON–(BUSINESS WIRE)–SABIC announced today that it is donating $200,000 to the American Red
Cross Texas Gulf Coast Region to assist with relief efforts in
communities affected by Hurricane Harvey.

“SABIC is committed to supporting communities impacted by this
devastating natural disaster in their time of need. We hope that this
donation can help these communities recover and rebuild,” said Mohammed
al Wakeel, Vice President, US Growth Projects.

“Our thoughts are with members of the Gulf Coast community and the
surrounding area who are experiencing the effects of Hurricane Harvey,”
Greg Adams, Vice President, Americas, said.

The American Red Cross is mounting a massive relief effort in the face
of the most devastating hurricane to strike the Gulf Coast in more than
a decade. Donations to assist with Hurricane Harvey relief can be made
at: https://www.redcross.org/donate/donation

NOTES TO EDITORS

  • SABIC and brands marked with ™ are trademarks of SABIC or its
    subsidiaries or affiliates.
  • High-resolution photos are available upon request
  • SABIC should be written in every instance in all uppercase

ABOUT SABIC

SABIC is a global leader in diversified chemicals headquartered in
Riyadh, Saudi Arabia. We manufacture on a global scale in the Americas,
Europe, Middle East and Asia Pacific, making distinctly different kinds
of products: chemicals, commodity and high performance plastics,
agri-nutrients and metals.

We support our customers by identifying and developing opportunities in
key end markets such as construction, medical devices, packaging,
agri-nutrients, electrical and electronics, transportation and clean
energy.

SABIC recorded a net profit of SR 17.84 billion (US$ 4.76 billion) in
2016. Sales revenues for 2016 totaled SR 132.83 billion (US$ 35.42
billion). Total assets stood at SR 316.89 billion (US$ 84.5 billion) at
the end of 2016. Production in 2016 stood at 72.7 million metric tons

SABIC has more than 40,000 employees worldwide and operates in more than
50 countries. Fostering innovation and a spirit of ingenuity, we have
12,077 global patent filings, and have significant research resources
with innovation hubs in five key geographies – USA, Europe, Middle East,
South East Asia and North East Asia.

The Saudi Arabian government owns 70 percent of SABIC shares with the
remaining 30 percent publicly traded on the Saudi stock exchange.

Contacts

SABIC
Susan LeBourdais, +1-413-329-9340
www.sabic.com/en/contact