Petrochem was established as a joint stock company according to kingdom regulations with commercial record number (1010246363) issued in Riyadh 16/3/2008. Petrochem current capital is (4,800,000,000) Saudi Riyal divided to (480,000,000) shares.
Chevron Phillips Chemical is one of the world’s top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins. The LLC and its affiliates own over $8 billion in assets and employ approximately 4,700 people at 40 manufacturing and research facilities in eight countries. Chevron Phillips Chemical Company LLC is equally owned by Chevron Corporation and ConocoPhillips, and is headquartered in The Woodlands, Texas.