Petro Rabigh

#3237

Rank

$3.64B

Marketcap

Saudi Arabia

Country

Leadership team

Engineer Othman Ali Al-Ghamdi (CEO, Pres & Exec. Director)

Mr. Akihiko Hiraoka (CFO and VP of Fin. & Accounting)

Eric C. Hyder (Chief Auditor)

Products/ Services

Fuel, Industrial Automation, Industrial Manufacturing, Manufacturing

Headquarters

Rabigh, Makkah, Saudi Arabia

Established

2005

Net Income

500M - 1B

Revenue

Above - 1B

Traded as

2380.SR

Social Media

URL

https://www.petrorabigh.com

Overview

Location

Recognition and Award

References

Summary

Rabigh Refining and Petrochemical Company engages in the development, construction, and operation of an integrated refining and petrochemical complex in the Middle East, the Asia Pacific, and internationally. The company operates through Refined Products and Petrochemicals segments. It offers polymers, such as linear low density polyethylene, high density polyethylene, homopolymer polypropylene, impact copolymer polypropylene, ethylene vinyl acetate, ethylene propylene rubber, termo plastic olefin TPO, poly methyl methacrylate, and polyamide 6; and monomers, including propylene oxide, methyl methacrylate, phenol, acetone, para xylene, BENZEN, and mono ethylene glycol. The company also provides refined products comprising liquefied petroleum gas, diesel, naphtha, gasoline, gasoline, fuel oil, and kerosene. Its products are used in various end products, such as plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibers, household appliances, packaging, candles, pipes, and other applications. The company was founded in 2005 and is based in Rabigh, the Kingdom of Saudi Arabia.

History

Petro Rabigh was established in 2005 as a joint venture between Saudi Aramco, the world's largest oil producer, and Sumitomo Chemical Company of Japan. The company was built to fill the need for energy in Saudi Arabia, and the agreement between the two parties created a 50/50 partnership. In 2008, Petro Rabigh began commercial operations at its refinery and petrochemical complex, and since then the company has developed into one of the largest petrochemical producers in the country.

Vision

Our vision is to be the leading petrochemical producer in the world, offering state of the art products and services while promoting the sustainable development of our local and the global communities we operate in.

Key Team

Mr. Noriaki Oku (Sr. VP of Manufacturing)

Carter A. Lawson (Sec. of the Board of Directors)

Recognition and Awards

Petro Rabigh has received recognition in several international markets and is committed to being a responsible corporate citizen. Over the years, the company has been voted Best Petrochemical Company in Saudi Arabia in 2012 and Best Overall Corporate Performance in 2015 in the Middle East region.