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PETRORABIGH - Rabigh Refining & Petrochemical Co.   Discuss Recommendations
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Rabigh Refining & Petrochemical Co. (PETRORABIGH) 
Stock Market Saudi Stock Exchange
Official Sector Petrochemical Industries (14)
Market Cap Size Large-Cap (17)
GulfBase Sector Basic Material (49)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 19/09/2005
Paid-Up Capital (SAR): 8,760,000,000
Par Value Per Share (SAR): 10.00
No. of Employees: 2001
Major Shareholders
Saudi Arabian Oil Co. (ARAMCO) 37.50%
Sumitomo Chemical Co. Ltd. 37.50%
Activity
Rabigh Refining & Petrochemical Co. (PETRORABIGH) is a (50:50) joint venture between Saudi Aramco and Japan’s Sumitomo Chemical. The plant is valued at around US$10 billion and comprises 23 plants producing 18.4 million tons per annum (mpta) of petroleum-based products and 2.4 mpta of ethylene and propylene-based derivatives. Upon conversion, PETRORABIGH’s products will go on to be used in such end products as: plastics, detergents, lubricants, resins, coolants, anti-freeze, paint, carpets, rope, clothing, shampoo, auto interiors, epoxy glue, insulation, film, fibres, household appliances, packaging, candles, film, pipes and thousands of other applications. The PETRORABIGH plant is located on the Red Sea, on a 3,000 acre site occupied by an Aramco topping refinery.

Corporate Announcements Company News
Net loss announced for the 9 months ending on 30/9/2009, SAR 1.11 billion, compared to a loss of SAR 353.44 million for the same period last year. 20/10/2009
Net loss announced for the 1st Half of the year 2009, SR 265 million, compare to loss of SR 197.56 million for the same period last year. 20/07/2009
Net loss announced for the 1st Quarter of the year 2009, SR 28.70 million, compared to a loss of SR 82.11 million for the same period last year.21/04/2009
Net loss announced for 2008, SR 1.256 million.19/01/2009
Net loss announced for the 9 months ended 30/09/2008, SR 353.4 million, compared to loss of SR 246 million for the same period in 2007.20/10/2008
more...
Aramco-Sumitomo chemical JV eyes profit in Q4  (Reuters - 10/11/2009)
PetroRabigh complex to help boost economy  (Arab News - 09/11/2009)
Saudi PetroRabigh sees Q4 sales up   (Reuters - 05/10/2009)
PetroRabigh announce the first production of Propylene Oxide  (Press Release - 04/10/2009)
Sumitomo JV Refinery Having RFCC Problems  (Reuters - 25/07/2009)
more...

Key People Contacts
Chairman: Abdulaziz F. Al Khayyal
Vice Chairman: Hiromasa Yonekura
Board Members: Ahmad Al Hameed
Asamu Ishitubi
Moatasem Al Ma'shuk
Saoud Al Ashqar
Noriaki Takeshita
Ziad S. Al-Labban
Auditors: KPMG Al Fowzan & Al Sadhan
E-mail Address: webmaster@petro-rabigh.com
Website: http://www.petrorabigh.com
Postal Address: P.O. Box 666, Rabigh 21911
Phone: +9662 4258603
Fax: +9662 4250570
 
TASI-Petrochemical Industries Index
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