Subsidy Tracker Parent Company Summary

Parent Company Name: 
SABIC (Saudi Basic Industries)
Ownership Structure: 
publicly traded
Headquartered in: 
Saudi Arabia
Major Industry: 
chemicals
Specific Industry: 
chemicals
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$362,9866
Federal (grants and allocated tax credits)$824,1052
TOTAL$1,187,0918
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 1998. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2009.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

EXATEC BAYER / GEP AUTOGLAZING; INNOVATIVE PLASTICS; SABIC

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Indiana$200,0001
Pennsylvania$95,8472
West Virginia$64,9252
Mississippi$2,2141

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Companysort icon Location Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidy
EXATEC LLC BAYER/GEP AUTOGLAZING Michigan local 1998 undisclosed property tax abatement
INNOVATIVE PLASTICS INC. Michigan local 2001 undisclosed property tax abatement
SABIC Innovative Plastics West Virginia state 2009 $4,417 training reimbursement
SABIC Innovative Plastics West Virginia state 2010 $60,508 training reimbursement
Sabic Innovative Plastics Mississippi state 2009 $2,214 training reimbursement
SABIC Innovative Plastics Massachusetts state 2007 undisclosed tax credit/rebate
SABIC Innovative Plastics Mt. Vernon, LLC Indiana state 2014 $200,000 training reimbursement
SABIC Innovative Plastics US Holding LLC United States federal 2011 $45,750 federal grant
Sabic Innovative Plastics US LLC United States federal 2009 $778,355 federal grant
Sabic Innovative Plastics US, LLC Pennsylvania state 2014 $22,497 tax credit/rebate
Sabic Innovative Plastics US, LLC Pennsylvania state 2015 $73,350 tax credit/rebate
SABIC lnnovative Plastics US, LLC Mississippi state 2010 undisclosed tax credit/rebate
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