Deloitte & Touche - Bakr Abulkhair & Co.|
Yanbu National Petrochemical Company (Yansab) is the first joint stock company to be formed by SABIC, and operates as a chemical production company.The company has completed awarding all of the engineering, procurement and construction contracts to build its complex in YANBU industrial.
The Company manufactures petrochemical products (ethylene, ethylene glycol, high density polyethylene, low linear density polyethylene, polypropylene, butene 1, butene 2, MTBE and BTX).
|Date Established||Feb 11, 2006|
|Paid-up Capital (SAR)||5,625,000,000|
|Shares Per Value||10|
P.O. Box 31396, Yanbu Industrial City 51000, Kingdom of Saudi Arabia
+966 4325 9000
+966 4325 9502
Yanbu National Petrochemical Company (Yansab) is a Saudi joint stock company registered in the Kingdom of Saudi Arabia under Commercial Registration number 4700009432 dated 12 Muharram 1427H corresponding to 11 February 2006.The Company commenced its commercial operations on 1 March 2010. The authorized, issued and fully paid share capital of the company consists of 562.5 million shares of SR 10 each. 51% owned by Saudi Basic Industries Corporation (SABIC), (the majority shareholder) and 49% are owned by others and publicly traded.
|Mr. Mutlaq H. Al-Morished||Chairman|
|Mr. Osama A. Bashaikh||President|
|Mr. Fawaz M. Al-Fawaz||Board of Directors|
|Mr. Ali M. Al-Shamrani||Board of Directors|
|Mr. Sami M. Al-Osaimi||Board of Directors|
|Mr. Abdulkareem A. Abu Alnaser||Board of Directors|
|Mr. Ahmad A. Al-Meghames||Board of Directors|
|Mr. Gasem S. Al-Shaikh||Board of Directors|