Sahara International Petrochemical Company

Sahara International Petrochemical Company owns, establishes, operates, and manages industrial projects related to chemical and petrochemical industries in the Kingdom of Saudi Arabia and internationally. The company operates through Basic Chemicals, Intermediate Chemicals, Polymers, Trading, and Corporate and Others segments. It offers basic products, including methanol, butane, tetrahydrofuran, maleic anhydride, carbon monoxide, and gamma butyrolactone; and intermediate products, such as acetic acid, acetic anhydride, vinyl acetate monomer, dichloroethane, and caustic soda, as well as ethyl and butyl acetates. The company also provides polymer products consisting of low-density polyethylene (LDPE), ethylene vinyl acetate, polyvinyl acetate, polyvinyl alcohol, cross linkable and semi-conductive LDPE compounds, polypropylene, and polybutylene terephthalate. In addition, it markets and distributes other petrochemical products; offers electrical connecting wire products; and manufactures and sells molds and dies, and related services, as well as produces ethylene-vinyl acetate films. The company was formerly known as Saudi International Petrochemical Company and changed its name to Sahara International Petrochemical Company in May 2019. Sahara International Petrochemical Company was incorporated in 1999 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Established in 1999, Sahara International Petrochemical Company (Sipchem) manufactures and markets methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride, vinyl acetate monomer, as well as carbon monoxide through its various affiliates. It has been listed on Saudi Stock Market since 2006.

It serves its customers in the construction, solvents, automotive, electronics, polymer, coatings, and pharmaceutical industries that help improving the lives of people worldwide. 

Following its success during the last decade, Sipchem continues its journey of progress by launching several down-stream projects to manufacture Ethylene Vinyl Acetate, Low Density Polyethylene, Ethyl Acetate, Butyl Acetate, Cross Linkable Polyethylene, and Semi conductive Compound that are scheduled to start in 2013.

It is noteworthy that Sipchem has been declared the winner of the “ best working environment company in the Kingdom” for the year 2010 through an independent survey. Further, Sipchem has the distinction of being the first chemical manufacturing company in the Kingdom to achieve “Responsible Care” certification.

In line with its corporate social responsibility, Sipchem actively participates and supports community social causes. Sipchem takes its responsibilities towards its community so seriously that it has allocated 1% of its total net annual profit to support its social responsibility programs.

SIPCHEM

What are the applications of Caustic Soda?
‎‏⁦‪#Sipchem_everywhere‬⁩

‎ماهي تطبيقات الصودا الكاوية؟
‎‏ ⁧‫#سبكيم_من_حولك‬⁩

⁩ Learn about ⁦‪#Sipchem‬⁩ products
‎‏⁦‪#Sipchem_everywhere‬⁩

‎تعرف على منتجات ⁧‫#سبكيم‬⁩ 
‎‏⁧‫#سبكيم_من_حولك

Acetic Acid
What are its types, characteristics and applications? 
#Sipchem #Sipchem_everywhere‬⁩

حامض الخليك
ما أنواعه، خصائصه واستخداماته؟ 
#سبكيم #سبكيم_من_حولك

Driving collaboration and knowledge exchange, #Sipchem wrapped up its participation and sponsorship of the 17th Annual #GPCAForum, addressing by that the latest industry developments and advancement, and showcasing its journey towards adopting sustainable practices.

‎اختتمت سبكيم رعايتها المنتدى السنوي 17 للاتحاد الخليجي للبتروكيماويات والكيماويات #جيبكا الذي اثمر عن تعزيز وتوطيد العلاقات وعقد عدداً من الاجتماعات واللقاءات المثمرة لمناقشة التطورات الصناعية على المستوى المحلي والعالمي والبحث في التحديات  الحالية والمستقبلية وطرح الحلول وسبل التعاون وافضل ممارسات سبكيم في التحول المستدام .

2310

SAU:2310

Sipchem

Last Close

29.15

25/09 12:19

Market Cap

20.41B

Beta: 0.48

Volume Today

2.78M

Avg: 532.13K

PE Ratio

15.57

PFCF: 10.92

Dividend Yield

6.23%

Payout:72.74%

Analysis Not Available