Company Articles of Association

A Saudi Joint Stock Company with Commercial Register No. 2055006704

Headquarters

Company Headquarters is in Riyadh, Saudi Arabia
Production facilities are in Jubail Industrial City, Saudi Arabia
 
Company Objectives

To invest in industrial projects especially chemicals, petrochemicals, production of propylene and polypropylene, ethylene and polyethylene and other petrochemical industries and hydrocarbons. To own and execute projects to provide the company with its requirements of the raw materials and benefits. To own real estates and to construct buildings and storages required to maintain and store company products, organize exhibitions to exhibit the same and the production of the other products the company would need to use in manufacturing, storage, sale and purchase.
 
Date of company establishment

The company was established on 29 July 2004 as approved by H.E. Minister of Commerce & Industry.
 
End of Financial Year

Ends on 31 December of every Gregorian Year.
 
Financial Auditors

Ernest & Young
 
The Chairman of the Board and Executive President

The Chairman of the Board: H.E. Engr. Abdulaziz bin Abdullah Al-Zamil
The Executive President: H.E. Engr. Saleh Bin Mohammed Bahamdan
 
Members of the Board

1  -  H.E. Engr. Abdulaziz bin Abdullah Al-Zamil
2  -  Dr. Abdulrahman bin Abdullah Al-Zamil
3  -  Mr. Abdulrahman bin Hael Saeed
4  -  Engr. Esam Fouad Himdy - Managing Director
5  -  Mr. Khalid Al-Abdullatif
6  -  Mr. Jabr bin AbdulRahman Al-Jabr
7  -  Mr. Tariq bin Mutlaq Al Mutlaq
8  -  Mr. Saeed bin Omer bin Gasim Al-Essaei
9  -  Mr. Sultan bin Khaid bin Mahfoz
10-  Mr. Rashid bin Saif Al-Ghareer
11-  Mr. Sattam Bin Amer Al-Harbi
 
Financial information

Initial paid up capital: SR 1,500,000,000 
Recent approved and paid up capital: SR 4,387,950,000
Number of issued shares: 438,795,000 shares
Nominal value of share: SR10