Saudi International Petrochemical Company

Overview

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• Ticker2310 on Saudi Stock Exchange¹
• Industrypetroleum industry¹
• Websitewww.sipchem.com
• Legal formjoint-stock company, public company¹

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Saudi International Petrochemical Company (Sipchem) is a Saudi joint stock company owned jointly by private sector investors of Saudi Arabia and GCC countries. It is also known as Sahara International Petrochemical Company. The company is the subsidiary of Zamil Group Holding. It was incorporated on 22 December 1999 with a paid-in capital of SR 500 million. The share capital was initially increased in 2003 by issuing 3 million shares, thereby raising the capital to SR 650 million. Subsequently, in April 2005 the share capital was further raised for the second time by SR 850 million, resulting in a total share capital of SR 1,500 billion.²

The story

From Wikipedia’s article on Sipchem, shared under CC BY-SA 4.0.³

Timeline

1. Sep 9, 2006Went public Listed on Saudi Stock Exchange¹
2. Dec 22, 1999Founded Founded¹

Links

• Websitewww.sipchem.com¹
• Facebookwww.facebook.com/SipchemHome¹
• YouTubewww.youtube.com/channel/UC8bqNWfYq4wkGeTcUFcxEOA¹
• LinkedInwww.linkedin.com/company/sipchem¹
• WikipediaSipchem
• WikidataQ3817700