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The company manufactures and markets basic and intermediate chemicals and polymers via its petrochemicals complex at Jubail Industrial City, and manufacturing plants in Riyadh and Hail.
Overview
Sipchem was set up as a joint-stock company in 1999. The company manage and own a petrochemicals complex at Jubail Industrial City (Saudi Arabia). The complex produces a wide range of petrochemicals, including methanol, butanediol, tetrahydrofuran, carbon monoxide, acetic acid, vinyl acetate and low-density polyethylene.
In 2019, the company fully acquired Sahara Petrochemical Co. Through its subsidiaries, Sahara produces wide range of petrochemicals including propylene, polypropylene, ethylene, and LLDPE. Sahara Petrochemical Co. participates in many joint ventures, most importantly, Alwaha Petrochemical Co.
Basic Information
City: | Khobar |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1999 |
Commercial Register: | 2051023922 |
Website: | www.sipchem.com |
shareholders@sipchem.com | |
Phone | +966 13 801 9396 |
Fax | +966 13 359 9610 |
Address | Al Khobar 31952 - Kingdom of Saudi Arabia |
PO Box | 130 |
Argaam Classification
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 708.82 |
Free Float % : | 96.66 |
Weight in Index % : | 0.91 |
3M Average Volume : | 1,821,450 |
3M Average Transactions : | 3,958 |
Change(12M) % : | (19.05) |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Sipchem InnoVent SA | Switzerland | 100.00 % |
Wahaj | Saudi Arabia | 100.00 % |
SMC | Saudi Arabia | 100.00 % |
Sipchem Europe BV | Netherlands | 100.00 % |
Sipchem Asia | Singapore | 100.00 % |
Sahara Petrochemical | Saudi Arabia | 100.00 % |
Cooperative UA | Netherlands | 100.00 % |
WAHAJ | Saudi Arabia | 100.00 % |
SMC | Saudi Arabia | 100.00 % |
SPCC | Saudi Arabia | 100.00 % |
IVC | Saudi Arabia | 100.00 % |
IAC | Saudi Arabia | 100.00 % |
IGC | Saudi Arabia | 100.00 % |
IDC | Saudi Arabia | 100.00 % |
IPC | Saudi Arabia | 75.00 % |
IMC | Saudi Arabia | 65.00 % |
Nexter | Saudi Arabia | 51.00 % |
LSIG | Saudi Arabia | 50.00 % |
GACI | Saudi Arabia | 50.00 % |
TSOC | Saudi Arabia | 32.55 % |
InoChem | Saudi Arabia | 30.00 % |
SAAC | Saudi Arabia | 22.00 % |