5 Biggest Petrochemical Companies in the World

2. Saudi Aramco

Revenue: $329.8 billion

Market cap: $1.7 trillion

Assets: $398.3 billion

Number of employees: 69,867

Headquarters: Dhahran, Saudi Arabia

Saudi Arabian Oil Co. is engaged in the exploration, production, transport, and sale of crude oil and natural gas globally. In 2020, Saudi ARAMCO completed its acquisition of SABIC. Saudi ARAMCO bought a 70% stake in Saudi Basic Industries Corporation (SABIC) for $69.1 billion. This merger transforms Aramco into a major player in petrochemicals by significantly increasing the proportion of petrochemicals production with a combined petrochemicals production volume of nearly 90 million tons.