Saudi Basic Industries Corp 2007 AR2
The report highlights SABIC's performance in 2007, marked by record financial results and the strategic acquisition of GE Plastics to launch SABIC Innovative Plastics. The company achieved a record net income of SR 27 billion, representing a 33% increase from the previous year, and expanded its global workforce to over 31,000 employees. Operationally, SABIC increased its total production to 55 million tons and expanded its global infrastructure, particularly in the Asia Pacific region. The report also details the company's commitment to Corporate Social Responsibility and its Safety, Health, and Environment (SHE) performance, noting a 20% improvement in its overall SHE incidence rate.
Company: Saudi Basic Industries Corp
Sector: Materials
Country: Saudi Arabia
Year: 2007
Type: AR2
Pages: 48
Saudi Basic Industries Corp
Report And Accounts
The report highlights SABIC's performance in 2007, marked by record financial results and the strategic acquisition of GE Plastics to launch SABIC Innovative Plastics. The company achieved a record net income of SR 27 billion, representing a 33% increase from the previous year, and expanded its global workforce to over 31,000 employees. Operationally, SABIC increased its total production to 55 million tons and expanded its global infrastructure, particularly in the Asia Pacific region. The report also details the company's commitment to Corporate Social Responsibility and its Safety, Health, and Environment (SHE) performance, noting a 20% improvement in its overall SHE incidence rate.
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Document Details
Report Year
2007
Reporting Period
Jan 1, 2007 - Dec 31, 2007
Fiscal Year
2007
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees