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عربي

Advanced Petrochemical Company

   (2330.SSE)
Also known as: Advanced
Last Trade
31.30SAR
+ 3.99%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Mar 31, 2011
 
 
 
Country

Saudi Arabia

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

Oil and Gas

 
Formerly Known As 
Advanced Polypropylene Company until August 2009
Principal Activities
Manufacture of petrochemicals including propylene and polypropylene.
 
Date of Establishment Year
2005 (Operations started in August 2008)
 
No of Employees
261 Company, N/A Headquarters (As of Mar 25, 2011)
 
Total Production Capacity
455,000 tons of propylene per year 450,000 tons of polypropylene per year  
 
Factories and Plants
Jubail Industrial City    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Saudi SE  2330 2330.SSE Ordinary SAR
 
 
Contact Details
Address:
Jubail Industrial Area
P.O. Box 11022
Jubail 31961
Al Sharqiyah
Saudi Arabia
 
Tel:
+966 3-356-6000
 
Fax:
+966 3-359-2000
 
Email:
info@advancedpetrochem.com
 
Website:
www.advancedpetrochem.com

 
 
 IPO Details
Listing Date:
20Jan07
Size of Offering:
$176.99M
Equity Offering:
46.95%
Lead
Managers:
Samba Capital and Investment Management Company
 
 
 Major Shareholders  Section Updated: 16Sep11
Name   Type  Country  Holding 
National Polypropylene Company [NPPC]  Corporate Saudi Arabia 7.90% 
Public Pension Agency  Government Saudi Arabia 5.30% 
Public   - 86.80% 
 
 
 Foreign Ownership Limits
Section Updated: 29Dec09
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Representatives
Auditors
Deloitte and Touche Bakr Abulkhair and Company  
Banks
Saudi Hollandi Bank Riyadh Bank
Law Firms
Clifford Chance  
 
 
 Financial Results  31-Dec-10  31-Dec-11   Yr on Yr 
  SAR'000 SAR'000 change (%)
Total revenues  2,030,961 2,790,923 37.42
Net profit  328,317 512,804 56.19
Total assets 3,364,508 3,380,081 0.46
Paid-up capital 1,413,750 1,413,750 0.00
Shareholders' Equity 1,811,309 2,028,323 11.98
Shares outstanding 141,375 141,375 0.00
Market capitalization 3,845,400 4,043,325 5.15
» View Full Financials