July 25, 2017 4:39 PM ET

Chemicals

Company Overview of Sadara Chemical Company

Company Overview

Sadara Chemical Company manufactures a range of plastics and chemical products. Its products include polyurethane, solvents, amines, glycol ethers, isocyanates, polyether polyols, polyethylene, polyolefin elastomers, and propylene glycol. The company offers brake fluids, adhesives/sealants, tires, spare parts, and aftermarket products, as well as internal lining, seats, and soft touch surfaces for automotive industry applications; construction chemicals/products, including adhesives/sealants, roof membranes, concrete additives/plasticizers, insulation materials, and industrial flooring materials; home and personal care products, which include detergents, cleaning fluids, surfactants/soaps, e...

Rd 317

Jubail Industrial City 2

Jubail,  31961

Saudi Arabia

Founded in 2011

Phone:

966 13-351-3999

Key Executives for Sadara Chemical Company

Chief Executive Officer
Chief Financial Officer
Secretary and General Counsel
Vice President of Manufacturing & Engineering
Vice President of Business & Services
Compensation as of Fiscal Year 2017.

Sadara Chemical Company Key Developments

Saudi Arabian Oil Company To Dilute Stake In Sadara Chemicals Via IPO

Saudi Arabian Oil Company (Saudi Aramco) plans to cut its stake in Sadara Chemical Co IPO-SACH.SE, a joint venture with The Dow Chemical Company (NYSE:DOW), via an initial public offer of shares, Sadara chief executive Ziad al-Labban said on May 3, 2017. " Saudi Aramco has a stake of 65% in Sadara Chemical - they want to become equal with The Dow Chemical Company, which has a 35%. The 30% I believe will be IPOed by Saudi Aramco," Ziad al-Labban told reporters on the sidelines of a petrochemical industry conference. Ziad al-Labban did not give a timeline or other details.

Sadara Chemical Company Reports Earnings Results for the Year Ended December 31, 2016

Sadara Chemical Company reported earnings results for the year ended December 31, 2016. For the year, the company's net loss was SAR 5,599,266,000 compared to SAR 3,190,450,000 a year ago. The increase in the net loss for the year is due to the increase in operational activities as compared to the previous year. Loss per share was SAR 2.65 compared to SAR 2.65 a year ago. Operational loss was SAR 4,643,865,000 compared to SAR 2,594,941,000 a year ago. - Gross sales revenue of the current year is SAR 1.58 billion compared to SAR 28.9 million for the last year with an increase of 5,367%.

Sadara Chemical Co Plans to Start Up its New Butyl Glycol Plant at Jubail in the Third Quarter of 2017

Sadara Chemical Co planed to start up its new butyl glycol (BG) plant at Jubail in the third quarter of 2017. The plant will have a combined BG and butyl di-glycol capacity of 200,000 tonnes per year.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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