Profile: SIPCHEM | Saudi International Petrochemical Co.

SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

Saudi International Petrochemical Co. SIPCHEM
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TASI 0.00%
Last Value
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Price in SAR Last Update : 19 Sep 2017 11:15 am (local time)


Corporate Details
Exchange Saudi Arabia
Sector Materials
Auditors Ernst & Young
Company Description

Saudi International Petrochemical Company (SIPCHEM) is a petrochemical company which provides high quality basic and intermediate petrochemical products for world markets. SIPCHEM acts as holding company for several subsidiaries. It serves customers in the construction, solvents, automotive, electronics, polymer, coatings, and pharmaceutical industries.

Company Activities

Sipchem actively invests in petrochemical, chemical and hydrocarbon industries, both basic and intermediary, to produce chemicals used to manufacture a multitude of products that improve the lives of people worldwide. The company manufactures and markets methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride, vinyl acetate monomer, as well as carbon monoxide through its various affiliates.

Equity Profile
Date Established Dec 22, 1999
Listing Date N/A
Paid-up Capital (SAR) 3,666,666,660
Outstanding Shares 366,666,666
Shares Per Value 10
Contact Information

P. O. Box:251, Riyadh 11411, Kingdom of Saudi Arabia

+966 11 203 7736

+966 11 203 7738



Company History

Sipchem was founded in late 1999 as a Saudi closed joint stock company with the objective of becoming a major petrochemical manufacturer, providing high quality basic and intermediate petrochemical products for world markets. The company was established with a current paid in capital of SR 3.3 billion (US$ 880 million).

Board Members & Senior Management
H.E. Eng. Abdulaziz A. Al-Zamil Chairman
Mr. Ahmad A. Al-Ohali CEO
Eng. Reyadh S. Ahmed Board of Directors
Mr. Abdulaziz A. Al-Khamis Board of Directors
Mr. Ibrahim H. Al-Mazed Board of Directors
Mr. Abdulrahman A. Al-Turki Board of Directors
Dr. Abdulrahman A. Al-Zamil Board of Directors
Dr. Abdulaziz A. Al-Gwaiz Board of Directors
Eng. Mohammed A. Al-Ghurair Board of Directors
Mr. Fahad S. Al-Rajhi Board of Directors
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