Ernst & Young|
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.
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.
|Date Established||Dec 22, 1999|
|Paid-up Capital (SAR)||3,666,666,660|
|Shares Per Value||10|
P. O. Box:251, Riyadh 11411, Kingdom of Saudi Arabia
+966 11 203 7736
+966 11 203 7738
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).
|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|