The Middle East’s
Top 100 Listed
Companies 2022
47. Sahara International Petrochemical Co. (Sipchem)
Country: Saudi Arabia
Sector: Petrochemicals
CEO: Abdullah Al-Saadoon
Market Value: $11.1 billion
Sales: $2.7 billion
Profits: $1.1 billion
Assets: $6.5 billion
Sipchem operates in the polymer and petrochemical sectors across more than 40 countries. The company’s existing manufacturing facilities produced 4,042 million metric tons of products in 2021. It employs more than 1,360 people. Abdullah Al-Saadoon became CEO in 2021, having previously served as the COO.