Who we are?
The National Petrochemical Company “Petrochem” is a Saudi Joint Stock Company listed on the Saudi stock exchange. The company was established in 2008 with a current paid-in-capital of SR 4.8 billion. Petrochem main business is investing in the petrochemical industry; by utilizing its strategic partnerships and the Kingdom’s natural resources. Petrochem owns 65% of the Saudi Polymer Company, Located in Jubail Industrial City, where the construction of this project cost more than 20 billion Saudi Riyals and produces more than 1.7 million tons per year of polymers.
The National Petrochemical Company Announces Recent Developments Relating to the Contemplated Acquisition Transaction with the Saudi Industrial Investment Group
Element List Explanation Introduction Further to the announcement made by the National Petrochemical Company (“Petrochem”) on 21/03/1443H (corresponding to 27/10/2021G) in respect of its entry into a binding implementation agreement with the Saudi Industrial Investment Group (“SIIG”) pursuant to which Petrochem and SIIG have agreed to take the necessary steps to implement the transaction acquisition […]
National Petrochemical Co. announces its Annual Financial Results for the Period Ending on 2021-12-31
Element List Current Year Previous Year %Change Sales/Revenue – – – Gross Profit (Loss) – – – Operational Profit (Loss) 1,337 244 447.95 Net Profit (Loss) after Zakat and Tax 1,367 230 494.347 Total Comprehensive Income 1,374 208 560.576 Total Share Holders Equity (after Deducting Minority Equity) 9,130 8,116 12.493 Profit (Loss) per Share 2.85 […]
National Petrochemical Company (Petrochem) announces the Opening of Nominations for Membership of the Board of Directors
Element List Explanation Introduction National Petrochemical Company (Petrochem) announces to the Shareholders the Opening of Nominations for Membership of the Board of Directors for the upcoming three years term starting from 11 April 2022. The nomination for the Board of Directors membership will be in accordance with the provisions of the Companies Law, the Corporate […]