SIIG and Petrochem announced in separate statements that they have begun talks to study the “economic feasibility” of merging the two companies. The attack was not designed to simply destroy data or … ARABIAN PETROCHEMICAL CO is located in Jubail, Saudi Arabia and is part of the Chemical Manufacturing Industry. Sinopec Saudi Arabic Office represents Sinopec Group to establish the platform in Saudi Arabia, Liaison with government agencies, international organization, and partners on behalf of Sinopec Group. الشركة السعودية للبتروكيماويات (صدف) Saudi Petrochemical Company (SADAF) Petrochem main business is investing in the petrochemical industry; by utilizing its strategic partnerships and the Kingdom’s natural resources. Biography of Eng. Saudi International Petrochemical Company ( Sipchem) is a Saudi joint stock company owned jointly by private sector investors of Saudi Arabia and GCC countries. The startup dates between 1984 … © 2021 Sipchem. The year 1965 … Since then the new petrochemical enterprise is commonly known as, Sadaf, the Arabic word for seashells. National Petrochemical Company (Petrochem) announces that its Board of Directors has decided to start the discussions with Saudi Industrial Investment Group (SIIG) on a potential deal to merge the two companies. The cyberattack on a Saudi petrochemical plant was the first known attempt to manipulate an emergency-shutdown system, which is designed to avoid disaster and protect human lives. ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version ELEMENT LIST EXPLANATION Name of the Resigning CEO No English translation, kindly refer to the Arabic version Resignation Acceptance Date 2020-12-24 Corresponding to 1442-05-09 Resignation Effective Date 2020-12-31 Corresponding to 1442-05-16 Reasons for Resignation No English translation, kindly refer to the Arabic […], ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 1,436 1,958 -26.659 1,346 6.686 Gross Profit (Loss) 315 495 -36.363 -121 – Operational Profit (Loss) 192 335 -42.686 -243 – Net Profit (Loss) after Zakat and Tax 117 171 -31.578 -189 – Total Comprehensive Income 117 171 -31.578 -189 […], ELEMENT LIST EXPLANATION Announcement Detail Petrochem announces that its Board of Directors approved on 17-09-2020 the start of initial discussions with the Saudi Industrial Investment Group (SIIG) (a related party) to study the economic feasibility of merging the two companies, noting that no agreement has yet been reached on the final structure of the potential […], National Petrochemical Co. SAUDI PETROCHEMICAL COMPANY has 50 total employees across all of its locations and generates $8.08 million in sales (USD). The Saudi Basic Industries Corporation is a diversified chemicals, industrial polymers, … fast facts. Learn more at sipchem.com. Saudi Aramco will delay fully paying for the acquisition of a 70% stake in petrochemicals company Sabic by four years until September 2025 under terms of a new deal agreed on last month. Our company "PETROL AND PETROCHEMICAL COMPANY FOR INDUSTRIAL SUPPORT SERVICES", abbreviated as PETROCHEM, an ISO 9001:2008 certified Testing and Inspection Company located in Dammam, Eastern Province of Kingdom of Saudi Arabia, specialized in Non Destructive Testing, Destructive Testing, Material Testing services, Heat Treatment Services, Technical Support … ARABIAN PETROCHEMICAL CO has 50 total employees across all of its locations and generates $8.08 million in sales (USD). Saudi Arabia's Advanced Petrochemical to build new PDH, PP units SINGAPORE (ICIS)--Saudi Arabia’s Advanced Petrochemical will start building a new propane dehydrogenation (PDH) unit and a polypropylene (PP) plant in Al Jubail in 2021. December 30th 2020 ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE SIGNING OF OFF... March 29th 2020 ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE SIGNING OF... August 8th 2019 Sixteen ... P.O.Box :11022, Jubail 31961, Kingdom of Saudi Arabia Tel: +966 13 3566000 Fax: +966 13 3566096; Saudi Chevron Petrochemical LLP is a 50-50 JV company owned by Chevron Chemical Co. and Saudi Industrial Venture Capital Group, a private firm. SADAF wanted to build a grassroots ethylene-based petrochemical complex. Saudi Kayan Petrochemical Company constructed one of the largest petrochemical projects in the world, which required 140 million work hours with a peak workforce of 40,000. The company was founded on December 22, 1999 and is headquartered in Al-Khobar, Saudi Arabia. Saudi Industrial Investment Group (SIIG) with Chevron Phillips Chemical Company LLC, through a wholly owned affiliate (Arabian Chevron Phillips Petrochemical Company “ACP”), has two 50/50 joint venture projects in the Eastern Province Industrial City of Al-Jubail: Saudi Chevron Phillips Company (SCP) and Jubail Chevron Phillips Company (JCP). Saudi International Petrochemical Company is a Saudi joint stock company owned jointly by private sector investors of Saudi Arabia and GCC countries. The 500-acre complex was to be comprised of six process units, utility systems, offsites, and general auxiliary facilities. There are 831 companies in the ARABIAN PETROCHEMICAL CO corporate family. Company name: Eastern Petrochemical Company （SHARQ） Established: September 5, 1981: Location: Al-Jubail Industrial City, Kingdom of Saudi Arabia: Paid-in Capital: 1.89 billion Saudi Riyals（SPDC and SABIC contributing 50% each） Annual production capacity for main products: Ethylene 2,400,000metric tons Polyethylene It was incorporated on 22 December 1999 with a paid-in capital of SR 500 million. CEO I would like to welcome you to Petrochemical Conversion Company (PCC) and its state of the art Industrial Park for Nylon 6,6 polymerization, compounding and Plastics Conversion. All rights reserved worldwide. Progressive, technologically advanced, and with environmental responsibility at our core, Sipchem is honoured to be the first chemical manufacturing company in the Kingdom of Saudi Arabia to achieve a "Responsible Care" certification. Intro duction . Petrochem main business is investing in the petrochemical industry; by utilizing its strategic partnerships and the Kingdom’s natural resources. SAUDI PETROCHEMICAL COMPANY is located in Jubail, Saudi Arabia and is part of the Biofuel Manufacturing Industry. Rabigh Refining & Petrochemical Co. - Petro Rabigh - was founded as a joint venture between Saudi Aramco and Sumitomo Chemical in 2005. The company was established in 2008 with a current paid-in-capital of SR 4.8 billion. Oil, Gas and Petrochemical supplier in UAE & Saudi Arabia. Saudi International Petrochemical Co. manufactures petrochemicals Its products include methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride, and vinyl acetate monomer. Saudi Arabian petrochemicals companies Saudi Industrial Investment Group (SIIG) and the National Petrochemical Company (Petrochem) have started initial discussions for a potential merger, both companies said on September 20. Sipchem is Saudi Arabia's leading petrochemical and chemical manufacturing company. SABIC and Shell signed an agreement in Jubail, Saudi Arabia, today under which SABIC will acquire Shell’s 50 percent share in the Saudi Petrochemical Company (Sadaf), a joint venture located in Jubail, for approximately US$820 million. Business Summary Manufacture of petrochemicals including ethylene, ethylene dichloride, caustic soda, styrene monomer and methyl tertiary butyl ether. Aldrees – established in 1957, it started selling oil products in tanks and barrels. Since entering the chemicals business in 1998, we have sought to maximize the value of every hydrocarbon molecule we produce and have created a diversified portfolio of non-oil revenue streams for the company. SAUDI PETROCHEMICAL COMPANY has 50 total employees across all of its locations and generates $8.08 million in sales (USD). The share capital was initially increased in 2003 by issuing 3 million shares, thereby raising the capital to SR 650 million. SADAF is a joint venture between Saudi Basic Industries Corp. (SABIC) and Pecten Arabian Ltd., an affiliate of Shell Oil Company USA. In August, a petrochemical company with a plant in Saudi Arabia was hit by a new kind of cyberassault. The National Petrochemical Company “Petrochem” is a Saudi Joint Stock Company listed on the Saudi stock exchange. Petrochem owns 65% of the Saudi Polymer … It was incorporated on 22 December 1999 with a paid-in capital of SR 500 million. On June 27, 1980 a Joint Venture Agreement was signed and established the Saudi Petrochemical Company, a limited liability company. Announces Resignation and Appointment of a CEO, National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2020-09-30 ( Nine Months ). There are 830 companies in the SAUDI PETROCHEMICAL COMPANY corporate family. Country of Incorporation Saudi Arabia Ownership Type Private Established In 1980 Primary Sector Oil and Gas. At PCC, you will have the opportunity to work for an industry leader in plastic conversion products. The National Petrochemical Company “Petrochem” is a Saudi Joint Stock Company listed on the Saudi stock exchange. Jan 14th, 1991 The company was established in 2008 with a current paid-in-capital of SR 4.8 billion. Saudi Arabia's main index edged higher in early trade on Monday, buoyed by petrochemical shares a day after the energy ministry announced the … SABIC Services Supply Company: 100: Saudi-European PetrochemicalCompany (Ibn Zahr) … Posted: (7 days ago) SAUDI PETROCHEMICAL COMPANY is located in Jubail, Saudi Arabia and is part of the Biofuel Manufacturing Industry. The Saudi state petrochemical company has emerged as a major player in world petrochemical markets since its creation in 1976 (OGJ, Jan. 7, p. 19). 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