The company is focused on the establishment and participation in industrial, petrochemical, chemical, mineral projects, manufacturing and other plastic industries, as well as the marketing of these products. It also works on strategic alliances with partners with competitive expertise and global technologies to enhance it technical and investment capacities.
Company History
Founded as a joint venture company under the Saudi Arabia regulations, with Commercial Registration No. 1010139946 issued from Riyadh on 10/8/1416 H, corresponding to 1/1/1996. At inception the company had a capital value of SR 550 million. The company capital has increased a number of times through the capitalization of profits, Rights Issue, and Capital Increase. The company current capital is SR 6,793.2 Million riyals. At the present time SIIG owns 50% shares of both Saudi Chevron Phillips Company and Jubail Chevron Phillips Company. Each of them is a limited liability company and is registered under Saudi Law. The company also owns 100% of the National Petrochemical Company (Petrochem), a closed joint stock company. Saudi Chevron Phillips, a limited liability company located in Jubail Industrial City, with a capital of SAR 244 million, began production in 2000 by manufacturing Benzene, cyclohexene and aromatic hydrocarbon mixtures. Jubail Chevron Phillips, a limited liability company located in Jubail Industrial City, with a capital of SAR 483 million, began producing styrene and propylene during the second quarter of 2008. SIIG owns 100% of the National Petrochemical Company (Petrochem), which in turn owns 65% of the Saudi Polymer Company, a limited liability company, located in Jubail Industrial City, with a capital of SAR 1,406 million. This plant started in the fourth quarter of 2012 and produces ethylene, propylene, polyethylene, polypropylene and hexene.
Company Bylaws
Equity Profile
- Authorized Capital (^)6,793,200,000
- Issued Shares679,320,000
- Paid Capital (^)6,793,200,000
- Par Value/Share10
- Paid Up Value/Share10
Last Update :2025-05-22
Investment limits
There are no investment limits on the company’s shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company’s bylaw and the issued instructions by the related regulators and supervisory authorities.
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
- Date Established1996/01/01
- Financial Year End31/12
- Listing Date2004/02/15
- External Auditors[PWC]
- ISIN CODESA000A0B89Q3
- Number of Employees-
Investor Relations
Contact Name:
Investor Relations
Company Address:
Office 203- Rubeen Plaza, Northern Ring Road- Hittin Dist. P.O.Box 99833 Riyadh 11625
Contact Details:
Telephone: 011-2792522
Fax : 011-2792523
Email : [email protected]
