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.