The Middle East's

Top 100 Listed
Companies 2022

47. Sahara International Petrochemical Co. (Sipchem)

Country: Saudi Arabia

Sector: Petrochemicals

CEO: Abdullah Al-Saadoon

Market Value: $11.1 billion

Sales: $2.7 billion

Profits: $1.1 billion

Assets: $6.5 billion

Sipchem operates in the polymer and petrochemical sectors across more than 40 countries. The company’s existing manufacturing facilities produced 4,042 million metric tons of products in 2021. It employs more than 1,360 people. Abdullah Al-Saadoon became CEO in 2021, having previously served as the COO.