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Sunday, 23 November 2008 | 20:54 UAE time

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COMPANIES

Saudi Arabian Fertilizer Company

  • +68.25 Last
  • +4.25 (+6.61%) Today's Change
  • 2.25m Volume
  • 64.25-267.00 52 Week Range
  • -68.55 (-50.11%) 52 Week Change
As of 23 Nov 2008 12:29 GMT (Market Closed)

COMPANY DESCRIPTION

Saudi Fertilizer Company, the first petrochemical company in Saudi Arabia, has come a long way since establishment in 1965.

The Dammam-based firm runs a fertilizer manufacturing operation that produces chemicals including ammonia, urea, sulfuric acid and melamine, a product used to make gum and paint.

The fertilizer-maker is 42% owned by the Saudi Basic Industries Corporation (SABIC), one of the world's leading manufacturers of chemicals, fertilizers and metals and the largest chemical-maker by market value.

The company has enjoyed soaring profits over the past two years and is powering through with the addition of new plants to boost production in response to soaring global demand as farmers around the world come under pressure to increase yields.

KEY INFORMATION

Industry

Refining and Petrochemicals

Address

SAFCO Building, Jubail Industrial City, 11044, Dammam, Saudi Arabia

T

966 3 3411100

F

966 3 3411257

E

-

W

www.safco.com.sa

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 23 Nov 1965 -

MAJOR SHAREHOLDERS

NameCountry
General Organization for Social Insurance Saudi Arabia
Public Pension Agency Saudi Arabia
Saudi Basic Industries Corporation Saudi Arabia

PORTFOLIO

NameCountry
Arabian Industrial Fibers Company Saudi Arabia
Gulf Ferro Alloys Company Saudi Arabia
National Chemical Fertilizer Company Saudi Arabia
Yanbu National Petrochemicals Company Saudi Arabia

OFFICERS

BOARD OF DIRECTORSPosition
Mohammed Hamad Al Mady Chairman
Nasser Bin Ahmad Al Sayari Director
Fahed Bin Saad Al Shuaibi Director
Abdullah Bin Abdulaziz Al Assaf Director
Abdulaziz Saleh Al Anbar Director
Ibrahim Mohammed Al Saif Director
Mohammed Hammoud Al Ohali Director
MANAGEMENTPosition
Abdulaziz Bin Nasir Al Majid President

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