Yanbu National Petrochemical Company (Yansab) is a Saudi Joint Stock Company registered in the Kingdom of Saudi Arabia under Commercial Registration number 4700009432 dated 12 Muharram 1427H corresponding to 11 February 2006.
The objectives of Yansab are to engage in manufacturing of petrochemical products (Ethylene, Ethylene Glycol, High Density Polyethylene, Low Linear Density Polyethylene, Polypropylene, Butene 1, Butene 2, MTBE and BTX) in accordance with its Articles of Association, and other applicable regulations in the Kingdom. The Company commenced its Commercial operations on 1 March 2010.
To produce ethylene, propylene, ethylene glycol, low leaner density polyethylene, high density polyethylene, polypropylene, MTBE, butene and BTX .
Company History
YANSAB is the first joint stock company to be formed by SABIC and its establishment was declared on 12/1/1427H. The company has completed awarding all of the engineering, procurement and construction contracts to build its complex in YANBU industrial.
Company Bylaws
Equity Profile
- Authorized Capital (^)5,625,000,000
- Issued Shares562,500,000
- Paid Capital (^)5,625,000,000
- Par Value/Share10
- Paid Up Value/Share10
Last Update :-
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 Established2006/02/11
- Financial Year End31/12
- Listing Date2006/02/20
- External Auditors[PricewaterhouseCoopers (PWC)]
- ISIN CODESA000A0HNF36
- Number of Employees985
Investor Relations
Contact Name:
Shareholders Relations
Company Address:
P.O. Box 31396 Yanbu Industrial 41912
Contact Details:
Telephone: 0143259000
Fax : 0143259509
Email : [email protected]
