The Middle East’s
2. Abdulrahman Al-Fageeh
Designation: CEO
Company: SABIC
Established: 1976
Headquarters: Saudi Arabia
SABIC unveiled its new thermoplastic solutions for batteries, EV technologies, and energy storage at the Battery Show Europe in June 2024. In December 2023, SABIC, alongside PepsiCo and AstroLabs, announced the launch of the Mega Green Accelerator at COP28, which would invest in MENA-based startups to develop sustainable solutions for the region and globally. In 2023, SABIC reduced its scope 1 and 2 greenhouse gas emissions by 12.47% compared to the 2018 baseline, while greenhouse gas intensity reduced by 25% and water intensity declined by 19.5% compared to the 2010 baseline.