President and CEO: Mohammed A. Bazaid
Market Value: $6.7 billion
YANSAB manufactures petrochemical products in its complex in YANBU Industrial City. The company is 51% owned by SABIC. It aims to reduce its CO2 emissions by at least 20% by 2030, in line with the Saudi Green Initiative. The company announced the reopening of its Turnaround complex in March 2023 after completing its biggest maintenance exercise since starting commercial operations in 2010. The financial impact of the 52-day activity is estimated at $102.7 million, affecting its Q1 and Q2 2023 results.