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عربي

Saudi Kayan Petrochemical Company

   (2350.SSE)
Also known as: Kayan, Saudi Kayan
Last Trade
16.10SAR
- 0.31%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Mar 21, 2011
 
 
 
Country

Saudi Arabia

Ownership Type
Company Type
Joint Stock
 
 
 
  
Sector Definitions
 
 
 
Zawya Industry Classifications (ZIC)
Sector Industry

Oil and Gas

 
Principal Activities
Manufacture of petrochemicals including propylene, polypropylene, ethylene, high and low density polyethylene, polycarbonate, ethylene glycol, ethylene oxide, acetone, choline chloride, dimethyl ethanol, ethanolamine, ethoxylates, cumene, bisphenol A, phenol, benzene and ethandamines.
 
Date of Establishment Year
2006 (Started operations in the 3rd quarter of 2010)
 
No of Employees
2,000 Company, N/A Headquarters (As of Mar 12, 2011)
 
Total Production Capacity
1.35 million tons of Ethylene per year 675,000 tons of Ethylene Oxide per year 630,000 tons of Propylene per year
 
566,000 tons of Ethylene Glycol per year 400,000 tons of High Density Polyethylene per year 350,000 tons of Polypropylene per year
 
300,000 tons of Low Density Polyethylene per year 290,000 of Cumene per year 260,000 tons of Polycarbonate per year
 
240,000 tons of Bisphenol A per year 220,000 tons of Phenol per year 190,000 tons of Benzene per year
 
100,000 tons Ethanolamines per year 70,000 tons of Acetone per year 40,000 tons of Exthoxylates per year
 
20,000 tons of Choline Chloride per year    
 
Factories and Plants
Jubail Industrial City (10)    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Saudi SE  2350 2350.SSE Ordinary SAR
 
 
Contact Details
Address:
Saudi Kayan Petrochemical Company Building
Street 263
Jubail Industrial City
P.O. Box 10302
Jubail 31961
Al Sharqiyah
Saudi Arabia
 
Tel:
+966 3-359-3000
 
Fax:
+966 3-359-3111
 
Email:
shares@saudikayan.sabic.com
 
Website:
www.saudikayan.com

 
 
 IPO Details
Listing Date:
23Jun07
Size of Offering:
$1,799.90M
Equity Offering:
45%
Lead
Managers:
Samba Capital and Investment Management Company
 
 
 Major Shareholders  Section Updated: 16Sep11
Name   Type  Country  Holding 
Saudi Basic Industries Corporation  Corporate Saudi Arabia 35.00% 
Al Kayan Petrochemical Company  Corporate Saudi Arabia 9.90% 
Public   - 55.10% 
 
 
 Foreign Ownership Limits
Section Updated: 30Dec09
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Representatives
Auditors
Deloitte and Touche Bakr Abulkhair and Company  
Banks
Samba Financial Group  
Law Firms
Clifford Chance Al Jidaan Lawyers and Legal Consultants
 
 
 Financial Results  31-Dec-10  31-Dec-11   Yr on Yr 
  SAR'000 SAR'000 change (%)
Total revenues  0 2,403,406 N/A
Net profit  (14,612) (250,251) (1,612.64)
Total assets 43,474,070 46,688,856 7.39
Paid-up capital 15,000,000 15,000,000 0.00
Shareholders' Equity 15,462,553 15,212,302 (1.62)
Shares outstanding 1,500,000 1,500,000 0.00
Market capitalization 28,875,000 26,100,000 (9.61)
» View Full Financials