Sipchem in Brief
Established in 1999, Saudi International Petrochemical Company (Sipchem) manufactures and markets methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride, vinyl acetate monomer, as well as carbon monoxide through its various affiliates. It has been listed on Saudi Stock Market since 2006.
It serves its customers in the construction, solvents, automotive, electronics, polymer, coatings, and pharmaceutical industries that help improving the lives of people worldwide.
Following its success during the last decade, Sipchem continues its journey of progress by launching several down-stream projects to manufacture Ethylene Vinyl Acetate, Low Density Polyethylene, Ethyl Acetate, Butyl Acetate, Cross Linkable Polyethylene, and Semi conductive Compound that are scheduled to start in 2013.
It is noteworthy that Sipchem has been declared the winner of the “ best working environment company in the Kingdom” for the year 2010 through an independent survey. Further, Sipchem has the distinction of being the first chemical manufacturing company in the Kingdom to achieve “Responsible Care” certification.
Sipchem is building Sipchem Technology & Creativity Exchange (STCE) at Dhahran Techno Valley of King Fahd University of Petroleum and Minerals (KFUPM) which will be operational in 2013. This state-of-the-art technical center will be a new focus of polymer technology in the Kingdom with its mandate to develop the downstream polymer converting industry in the Kingdom.
In line with its corporate social responsibility, Sipchem actively participates and supports community social causes. Sipchem takes its responsibilities towards its community so seriously that it has allocated 1% of its total net annual profit to support its social responsibility programs.