Rabigh Refining & Petrochemical Co - Company Profile
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Rabigh Refining & Petrochemical Co (Petro Rabigh) a joint venture between Saudi Aramco and Sumitomo Chemical, focusing on refining and petrochemical production. The company's main activities include the production of petroleum-based products and ethylene and propylene-based derivatives. The company's primary activities involve the production of petroleum-based products and ethylene and propylene-based derivatives. Petro Rabigh's product portfolio includes high-density polyethylene, polypropylene, linear low-density polyethylene, and various refined products such as fuel oil, diesel, gasoline, and kerosene. These products find applications in a wide range of industries, being used in the manufacture of plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, clothing, and many other items. The company offers its products in Asia, Middle East, and Europe. Petro Rabigh is headquartered in Rabigh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
P.O.Box 101, Rabigh, Makkah, 21911
Website
www.petrorabigh.com
Telephone
966 1 24250390
No of Employees
2,944
Industry
Chemicals
Ticker Symbol & Exchange
2380 (SAU)
Revenue (2025)
$10.5B
-11%
(2025 vs 2024)
EPS
XYZ
Net Income (2024)
XYZ
14.2%
(2024 vs 2023)
Market Cap*
$8.6B
Net Profit Margin (2025)
XYZ
3.6%
(2024 vs 2023)
* As of and is in US$
Rabigh Refining & Petrochemical Co premium industry data and analytics
Products and Services
| Products |
|---|
| Polymer: |
| Linear Low Density Polyethylene |
| High Density Polyethylene |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In February, the company entered into a 10-year maintenance services contract with KBR to manage preventive, predictive, corrective, and shutdown operations at its polymer plants. |
| 2025 | Stake Sale | In October, the company sold its 22.5% stake held by Sumitomo Chemical to Saudi Aramco for US$702 million. |
| 2024 | Contracts/Agreements | In October, the company entered into a partnership with Jiahua Chemicals to open a specialty chemicals manufacturing plant in Rabigh, Saudi Arabia. |
Competitor Comparison
| Key Parameters | Rabigh Refining & Petrochemical Co | EQUATE Petrochemical Co | Sahara International Petrochemical Co | Advanced Petrochemical Co | Saudi Industrial Investment Group |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Kuwait | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Rabigh | Ahmadi | Khobar | Jubail | Riyadh |
| State/Province | Makkah | Al Ahmadi | - | Eastern Province | Riyadh |
| No. of Employees | 2,944 | - | 818 | 686 | - |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ibrahim Q. Al-Buainain | Chairman | Executive Board | 2020 | - |
| Othman Ali Al-Ghamdi | President; Director; Chief Executive Officer | Executive Board | 2021 | - |
| Fahad Almuhaisin | Chief Financial Officer - Finance & Accounting Function | Senior Management | 2024 | - |
| Noriaki Takeshita | Vice Chairman | Executive Board | - | - |
| Adel Al-Mejhed | Vice President - Industrial Relations | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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