Saudi International Petrochemical Company (Saudi Arabia Stock Exchange: 2310)


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Business Description
Saudi International Petrochemical Co SJSC (Sipchem) is a Saudi Arabia-based joint stock company engaged in the petrochemical industry sector. Sipchem operates in two business segments: Petrochemical operations and Marketing activities. The Company owns, establishes, operates and manages industrial projects related to chemical and petrochemical industries. The Company manufactures and markets methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride and vinyl acetate monomer, as well as carbon monoxide through its various affiliates. The Company serves in the construction, solvents, automotive, electronics, polymer, coatings, and pharmaceutical industries. The Company’s subsidiaries include International Methanol Company (IMC), International Diol Company (IDC), International Acetyl Company Ltd. (IAC) and International Vinyl Acetate Company, among others.