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Sahara International Petrochemical Company

Saudi Arabia · Market cap: · P/E: · P/S:

Sipchem makes industrial chemicals and petrochemicals — the building blocks for plastics, paints, and many everyday products — and sells them to manufacturers in Saudi Arabia and around the world.

Sipchem is a Saudi chemical maker that turns oil-and-gas-derived raw materials into the basic chemicals that other factories need. Its plants produce methanol, acetic acid, and vinyl acetate monomer, plus a range of other petrochemicals and polymers. Those products are the starting ingredients for paints, adhesives, plastics, packaging, textiles, and construction materials, and they go to industrial customers in Saudi Arabia and abroad.

Sahara International Petrochemical Company (2310.SR) Polymers: line art illustration of a translucent white polymer resin pellets spilling from a sack
Polymer resins
Polymers are the long-chain chemicals used to make everyday plastics.

The company sits inside a giant family: it is part of the Saudi Aramco-linked chemical world through its ties with Saudi Basic Industries Corporation, while operational control runs through the Saudi Arabian Oil Company orbit. Sipchem operates in a commodity business where prices swing with global supply and energy costs. Its edge comes from cheap Saudi feedstock and large, efficient plants, but its profits are exposed to the same boom-and-bust cycles as every chemical producer.

Saved answer · last researched 12 Nov 2026