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Sahara International Petrochemical Company (JSC (Saudi Arabia)

Main Activities: Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing | All Other Basic Organic Chemical Manufacturing | Plastics Material and Resin Manufacturing
Full name: Sahara International Petrochemical Company (JSC Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Saudi International Petrochemical Company (also known as Sipchem) was established on December 22nd 1999. The company provides a wide range of high-quality petrochemicals: carbon monoxide methanol, tetrahydrofuran, butanediol, acetic acid, acetic anhydride, vinyl acetate monomer. In 2006 Sipchem build a huge complex of three factories: a factory for acetic acid (460 000 MTPA), a factory for carbon monoxide (345 000 MTPA) and a factory for vinyl acetate monomers (330 000 MTPA). Sipchem provides services for the following industries as well: constructions, coatings, solvents and automotive industries.

Headquarters
Sipchem Building, King Saud Road District, Al-Hada District, P.O Box 130
Khobar; Eastern Province; Postal Code: 31952

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Website: http://www.sipchem.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1999
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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8.804%
Subsidiaries
International Acetyl Company Ltd.
International Diol Company
International Gases Co
Company Performance
Financial values in the chart are available after Sahara International Petrochemical Company (JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-25.7%
Total operating revenue
-27.77%
Operating profit (EBIT)
-66.06%
EBITDA
-55.3%
Net Profit (Loss) for the Period
-65.69%
Total assets
-6.18%
Total equity
-1.88%
Operating Profit Margin (ROS)
-23.2%
Net Profit Margin
-20.75%
Return on Equity (ROE)
-15.36%
Debt to Equity Ratio
-4.38%
Quick Ratio
-0.22%
Cash Ratio
-0.31%

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