Sadara Chemical Co facility is seen in Jubail, Saudi Arabia April 30, 2015. Picture taken April 30, 2015. Image used for illustrative purpose.
Saudi Aramco/Handout via REUTERSRiyadh – Rabigh Refining and Petrochemical Company’s (Petro Rabigh) board has accepted the resignation of the company’s chairman Abdulaziz Mohamed Al Judaimi effective 1 February 2020.
The board also decided to name Ibrahim Qassem Al-Buainain as new chairman as of 1 February, according to a bourse statement released on Wednesday.
It is noteworthy that Petro Rabigh’s net profits after zakat and tax jumped by 62.13% to SAR 394 million in Q3-19, compared to SAR 243 million in Q3-18.
Source: Mubasher
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