SABIC (Saudi Basic Industries Corporation) is a global leader in diversified chemicals and innovative materials, headquartered in Riyadh, Saudi Arabia. Ranked among the world’s largest petrochemical manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia.

SABIC’s growth has been nothing short of miraculous. Today, the company serves customers in more than 140 countries with a global workforce of close to 31,000 talented individuals.

Driving sustainability through chemical recycling leadership

The plastic pollution challenge

Plastic waste is a growing environmental problem, and public awareness is pushing industries to adopt sustainable solutions. Chemical recycling emerges as a scalable option, converting waste into synthetic crude oils like pyrolysis oil and reducing reliance on virgin fossil fuels.

Complexities in the supply chain

The chemical recycling process involves multiple intermediaries, blending recycled materials with fossil fuels, and requires precise tracking. Transparency and traceability are critical to ensure compliance, verify sustainability claims, and facilitate credit trading and carbon offsetting.

The opportunity for leadership

Chemical companies have a unique opportunity to lead by investing in recycling innovations and enhancing supply chain transparency. The complexity of the supply chain makes tracking the origin and treatment of waste challenging. Improving transparency ensures trust, supports carbon offsetting, and strengthens industry sustainability.

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SABIC and Plastic Energy are addressing the challenge of plastic waste and the complexities of recycling within stringent regulations. The current industry standard, Mass Balance, faces scalability and granularity issues.

Tracing the journey of feedstock through the complex petrochemical value chain is currently a difficult undertaking.These limitations complicate the certification process, driving up audit costs and making record-keeping cumbersome, especially in industries with strict standards like food packaging and healthcare.

SABIC’s goal is to optimize transparency across the supply chain, offering full traceability from waste to packaging. To improve this process and support the delivery of its circular feedstock to customers, SABIC has launched this initiative to demonstrate the value of using Finboot's blockchain-based, Green Supply Chain Management solutions.
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By implementing batch-level traceability, SABIC seeks to streamline certification processes, reduce audit costs by up to 60%, and gain a competitive advantage, ultimately growing market share in the circular economy.

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How MARCO + Track and Trace helped SABIC

Cost Efficient Data Sharing and Collaboration

Facilitates collaboration between SABIC and Plastic Energy and provides access to critical information about processed materials and progress.

Scale-up Mass Balance

Allows SABIC to scale up Mass Balance operations and guarantee the quality and reliability of their circular packaging solutions.

Building Brand Value Through Trust

Ensures the integrity of recycling certifications and environmental claims. Builds trust in the accuracy and security of sustainability data.

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Immutability and Security

Leverages blockchain for secure data sharing among stakeholders and promotes standardized data sharing and improved coordination.

Unmatched time-to-value

The implementation involved customizing and integrating Track & Trace, training teams, and standardizing data. Fully deployed in under 3 months.

Full Interoperability

Ease of integration with industry-leading ERPs and Certification Schemes for further process automation.

Growing across SABIC

This successful implementation unlocked new opportunities for SABIC to add traceability to other circular and low-carbon chemicals.

"Partnering with Finboot's Track and Trace solution has enhanced our pyrolysis oil production, ensuring transparency, efficiency, and top product quality. It strengthens accountability between SABIC and Plastic Energy, supporting our commitment to sustainability and the circular economy."

– Customer testimonial

Cost savings from audit times and internal operational efficiency. Reduce risks of compliance with voluntary sustainability schemes on circular packaging and prevent greenwashing claims. Validate the use of cutting-edge technology to implement and scale production of Mass-Balanced products.

Learn more about how Finboot is leveraging a Mass Balance to enable a circular economy; read our e-book

Mass Balance Optimization: Why Green Chemicals Are Going Digital

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Learn more about how Finboot’s traceability solutions are transforming SABIC’s recycling process

Blockchain to Deliver Sustainable Packaging

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