The Middle East’s
Top 100 Listed
Companies 2022
42. Saudi Kayan Petrochemical Company*
Country: Saudi Arabia
Sector: Petrochemicals
President and CEO: Omar A. Al-Ruhaily
Market Value: $8.3 billion
Sales: $3.4 billion
Profits: $637 million
Assets: $8.8 billion
The Saudi Kayan Petrochemical Company operates in the chemicals, polymers and specialty products sectors. It is 35% owned by SABIC. Saudi Kayan Petrochemical Company owns 33.3% of the Saudi Butanol Company, a joint venture with the Sadara Chemical Company and the Saudi Acrylic Acid Company. In 2021, the company reduced its energy consumption by 4%, which contributed to savings of $5.3 million. In the same year, the company reported revenues of $3.4 billion, an increase of 58% compared to 2020.