National Petrochemical company (Petrochem)

National Petrochemical company (Petrochem) : The company was established as a joint stock company according to kingdom regulations with commercial record number (1010246363) issued in Riyadh 16/3/2008 according to decision No. (79/q) issued by H. E. Minister of Commerce in 11/3/2008 with a capital of (2,200,000,000) Saudi Riyals divided to (220,000,000) share. In 2009, the capital increased to 4.8 Million Saudi Riyals through subscription of SIIG for a total of 20 million shares, and the remaining 240 million for initial public offering. Petrochem activity based in development and establishment, operation and management, maintenance of petrochemical factories, gas and oil, and other industries, wholesale and retail trade in material and petrochemical products and its derivatives. Its activity currently based on investing in its company, Saudi Polymers Company, which is the company's first project, a limited liability company with a capital of 4.800 Million Saudi Riyals, with Commercial Registration No. 2055008886 issued in Jubail on 12/09/2007, which will produce petrochemical products in its plants in Jubail Industrial City. Saudi Polymers, aims to convert natural gas to materials of high value through investment in the petrochemical industry and this would enable Saudi Polymers of economic diversification by developing derivative petrochemical products that rely on natural gas, and increase local employment, increasing public and private Saudi investments in petrochemical industry.
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Contact Information
P.O Box :99833 Riyadh11625
Phone: 966-12-2192522
Fax: 966-12-2192523
Company Email:
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