THE MIDDLE EAST’S

48. Sahara International Petrochemical Co. (Sipchem)

Country: Saudi Arabia

Sector: Petrochemicals

CEO: Abdullah Al-Saadoon

Market Value: $7.7 billion

Sales: $2.7 billion

Profits: $1.1 billion

Assets: $6.3 billion

Sipchem operates in the polymer and petrochemical sectors across more than 40 countries. The company’s existing manufacturing facilities produced 4,159 million metric tons of products in 2022. It has 17 subsidiaries in Saudi Arabia, the Netherlands, and Singapore, including Sipchem Chemicals Company, and Sipchem Asia PTE Ltd.

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48. Sahara International Petrochemical Co. (Sipchem)