Rabigh Refining & Petrochemical Co - Company Profile
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Rabigh Refining & Petrochemical Co (Petro Rabigh) carries out the development, construction and operation of an integrated petroleum refining and petrochemical complex. Petro Rabigh was formed as the joint venture of Saudi Aramco and Sumitomo Chemical. It processes crude oil and produces gasoline, naphtha, jet fuel, diesel, and fuel oil, and a range of monomers and polymers. The company has the capacity to process light crude oil. The company also produces petrochemicals including mono-ethylene glycol, polyethylene, polypropylene, and propylene oxide. Its products are used in numerous end products such as lubricants, detergents, coolants, resins, paints, anti-freeze, insulation, fibers, film, household appliances, plastics, and packaging, among others. 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 (2021)
$14.9B
22.6%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
-154.7%
(2021 vs 2020)
Market Cap*
$3.4B
Net Profit Margin (2021)
XYZ
-144.6%
(2021 vs 2020)
* As of and is in US$
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 |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company awarded an asset condition monitoring program contract to KBR Inc to implement predictive maintenance services at its plant in Rabigh, Saudi Arabia. |
| 2023 | Corporate Changes/Expansions | In December, the company opened its carbon capture and utilization facility in Rabigh, Saudi Arabia. |
| 2023 | Others | In January, the company started operation of Phase II units. |
Competitor Comparison
| Key Parameters | Rabigh Refining & Petrochemical Co | EQUATE Petrochemical Co | Sahara International Petrochemical Co | Advanced Petrochemical Co | Saudi Arabian Refineries Co SJSC |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Kuwait | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Rabigh | Ahmadi | Khobar | Jubail | Jeddah |
| State/Province | Makkah | - | - | - | - |
| No. of Employees | 2,944 | 1,200 | 818 | - | - |
| 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; Chief Executive Officer; Director | Executive Board | 2021 | - |
| Seiji Takeuchi | Senior Vice President - Manufacturing; Director | Executive Board | 2016 | 54 |
| Akihiko Hiraoka | Vice President - Finance & Accounting; Chief Financial Officer | Senior Management | 2022 | - |
| Noriaki Takeshita | Vice Chairman | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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