Investment, Growth and Sustainable Development Prospects.
Saudi International Petrochemical Company (Sipchem) has chosen Jubail Industrial City to build its industrial complex for producing various chemicals because this city is considered one of the leading industrial areas in the world having all necessary infrastructure for such large projects. The availability of raw materials in the Eastern province, the presence of Saudi Aramco that supplies required feedstocks at very competitive prices and in large quantities, the ease of export from the city via King Fahd Industrial Port and its relative proximity to South East Asian countries to which most petrochemicals are exported, are other reasons for this choice.
The site of Saudi International Petrochemical Company (Sipchem) occupies an area of over one million square meters in the basic industries part of Jubail Industrial City. Sipchem's strategy aims at integrating present and future petrochemical and chemical products to form a series of final added-value products in order to contribute to increasing the national production, developing the industry under the comprehensive development plans adopted by the Kingdom and multiplying shareholders' profits and yields.
As a part of the first phase of its plan, Sipchem operates a methanol plant with a capacity of 1 million mtpa, and a BDO plant with 75,000 mtpa.
Sipchem is planning to construct a world class olefins and derivatives complex as a joint venture with leading world companies in order to utilize economically proven modern technologies. It has also made great progress in building projects for manufacturing added-value products including Acetic Acid and Vinyl Acetate Monomers from the methanol series as part of the second phase of its plan. Also, there are plans that will materialize in the near future for the production of final derivatives from the company’s products.
Sipchem is characterized by creativity and integration. Its management believes in challenge and team spirit and endeavors to overcome all the difficulties for achieving success. Therefore, this management is completely aware of its entire obligations and responsibilities towards its distinguished customers and partners, nationally and internationally.
For the attainment of sustainable growth according to a special strategy that links the company's present with its future, Sipchem continuously explores the prospects of development and renovation to facilitate the process of desired growth and expansion. It also invites all top companies and commercial organizations that are interested in long term relationships and secure dealing with our products or in enhancing our activities, to introduce their modern technologies and provide marketing services for meeting the requirements of our customers in an efficient and effective manner.
Our Partners
- Internationally recognized
- Proven and demonstrable technical skills or marketing capabilities
- Interested in joint venture equity shareholding
- Willing to offtake and globally market a significant portion of our production volumes
- Can contribute to Sipchem’s endeavor to expand its value-added chain of products
- Can improve Sipchem’s competitive edge
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