Friday, 09 January 2009 | 14:29 UAE time
COMPANIES
Advanced Polypropylene Company
- 18.25 Last
- -0.15 (-0.82%) Today's Change
- 5.88m Volume
- 13.05-60.50 52 Week Range
- -36.25 (-66.51%) 52 Week Change
COMPANY DESCRIPTION
Advanced Polypropylene Company (APPC) was established as a joint stock company in the Kingdom of Saudi Arabia on 1 October 2005 to develop an integrated Propane Dehydrogenation and polypropylene complex in Jubail Industrial City comprising an area of 650,000 m2.Once the project is completed, it will produce 450,000 tones per annum of polypropylene. The company will utilise proven technologies provided by ABB Lummus and Novolen Technology Holdings (NTH).
KEY INFORMATION
Industry
Refining and Petrochemicals
Address
SAMIC Building, Gulf Road, 7215, Dammam, Saudi Arabia
T
966 3 8349341
F
966 3 8347721
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 1 Oct 2005 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| DAR Chemicals Limited | Saudi Arabia |
| IDB Infrastructure Fund | Bahrain |
| National Polypropylene Company Limited | Saudi Arabia |
OFFICERS
| BOARD OF DIRECTORS | Position | |
|---|---|---|
| Khalifa bin Abdullatif bin Abdullah Al Mulhim | Chairman | |
| Ahmad bin Suleiman bin Abdulaziz Al Rajhi | Director | |
| Abdullah bin Abdulrahman bin Thunayan Al Obeikan | Director | |
| Abdullah A. Al Garawi | Director | |
| Moayyed bin Abdulkarim bin Saleh Al Mutir Al Saleh | Director | |
| Khaled S. Al Rawaf | Director | |
| Khaled Abdulrahman Saleh Al Rajhi | Director | |
| Mumtaz Khan Rudad Khan | Director | |
| Abdulmohsen bin Rashed bin Abdulrahman Al Rashed | Director | |
| Alex Serges | Director | |
| Ali Saeed Al Ghamdi | Secretary of the Board | |
| MANAGEMENT | Position | |
| Ali A. Al Ghamdi | Chief Executive Officer | |
| Fahad Al Mis'hal | Chief Financial Officer | |
| Eric Leys | Vice President | Engineering & Operations |
| David Troutman | Advisor – Banking & Corporate Finance | |
| Adel Ali Saeed Al Ghamdi | General Manager | Administration |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Senior Cost Controller, Qatar, Qatar
- Management Accounts Manager, Abu Dhabi, UAE
- Manager Products- Banking, UAE, UAE
- Head Group Financing Department, UAE, UAE
- Head of Treasury, UAE, UAE
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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