Saudi International Petrochemical Company
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The share capital was initially increased in 2003 by issuing 3 million shares thereby raising the capital to sr 650 million.
Saudi international petrochemical company. Completed a buyout of sahara petrochemical co. Sipchem is saudi arabia s leading petrochemical and chemical manufacturing company. Saudi industrial investment group and national petrochemical co. Saudi international petrochemical general information description.
Saudi aramco the world s biggest oil. Sahara international petrochemical co owns operates and manages industrial projects relating to chemical and petrochemical industries. Sahara international petrochemical markets its. It was followed by saudi aramco buying a majority stake in the kingdom s largest chemical maker in a deal that was valued at about 70 billion.
It was incorporated on 22 december 1999 with a paid in capital of sr 500 million. National petrochemical s shares climbed 21 this year while saudi industrial fell 4 2. Saudi international petrochemical company sipchem last year completed its buyout of the saudi sahara petrochemical in a multi billion dollar deal. Saudi international petrochemical company sipchem is a saudi joint stock company owned jointly by private sector investors of saudi arabia and gcc countries.
Sahara international petrochemical company operates as a petrochemical company. Last year saudi international petrochemical co.
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