Saudi Kayan Petrochemical Company (Saudi Kayan) / Kingdom of Saudi Arabia
Location: Jubail / Industrial Area / Kingdom of Saudi Arabia.
Capital: 15 billion Saudi Riyals / 45% of its shares were offered for trading in the Saudi Stock Exchange, SABIC retains 35% and the remaining 20% is retained by Kayan Company.
The value of our contribution and its percentage: Our company contributes to the Saudi Kayan Company with (2,827,000) shares, the value of each share is (10) Saudi Riyals, i.e. a nominal value of 28,270,000 Saudi Riyals, and our contribution percentage in Kayan is 188846.0%.
Production capacity: Kayan Company’s production capacity is 6.62 million metric tons of materials (ethyl glycol, polypropylene, high-density polyethylene, polycarbonate and phenol). The company’s commercial production began on 10/1/2011, while the commercial production of embryos began on 8/15/2012. The company completed the operation of all its production lines in 2013.
