Sunday, 23 November 2008 | 20:54 UAE time
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
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
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 23 Nov 1965 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| General Organization for Social Insurance | Saudi Arabia |
| Public Pension Agency | Saudi Arabia |
| Saudi Basic Industries Corporation | Saudi Arabia |
PORTFOLIO
| Name | Country |
|---|---|
| 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 DIRECTORS | Position |
|---|---|
| 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 |
| MANAGEMENT | Position |
| Abdulaziz Bin Nasir Al Majid | President |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Head of Consumer Lending, Qatar, Qatar
- Finance Manager, UAE, UAE
- Financial Controller, Dubai, UAE
- Senior Accountant, Dubai, UAE
- Senior Equity Trader, Abu Dhabi, UAE
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