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Rabigh Refining And Petrochemical Company JSC (Saudi Arabia)

Main Activities: Petroleum Refineries | Petrochemical Manufacturing | Other Basic Organic Chemical Manufacturing
Full name: Rabigh Refining And Petrochemical Company JSC Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Saudi Aramco and Sumitomo Chemical started the Petro Rabigh Project with the aim of building integrated oil refining and petrochemical operations by way of upgrading Saudi Aramco’s oil refinery and constructing a new petrochemical complex. A joint venture agreement was signed between Saudi Aramco and Sumitomo Chemical in August 2005 and Petro Rabigh was established, an equally owned joint venture to run the Rabigh complex, in September of the same year. In January 2008, Petro Rabigh held its initial public offering (IPO) on the Saudi Arabian stock exchange. In October 2008, Saudi Aramco transferred its oil refinery to Petro Rabigh, and the newly completed Rabigh complex began operations in April 2009. It engaged in the production and marketing of refined hydrocarbon and petrochemicals. Petro Rabigh's refinery is located in Rabigh city, Saudi Arabia, consists of vacuum distillation unit, vacuum gas oil hydro treating unit in addition to a high olefins fluid catalytic cracker complex.

Headquarters
P.O Box 101 Rabigh, Building 200
Makkah Industrial City; Industrial Zone; Postal Code: 21911

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Website: http://www.petrorabigh.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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37.5%
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37.5%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-24%
Total operating revenue
-24%
Operating profit (EBIT)
N/A
EBITDA
-84%
Net Profit (Loss) for the Period
N/A
Total assets
-6.76%
Total equity
-29.4%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
83.14%
Quick Ratio
0.05%
Cash Ratio
-0.06%

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