Rabigh Refining & Petrochemical refineries process crude oil and produce gasoline, kerosene, diesel fuel, fuel oil.
A new product from the Rabigh Refining & Petrochemical Company, manufactured for the first time in the world, is called a thermoplastic olefin. This material is used in artificial rubbers for automotive parts and industrial products. Another new product is polyamide 6, which is used for food packaging.
Polyamide 6, or nylon 6, is used for the manufacture of textiles, bearings, fittings, gears, car parts.
The annual production volume of the Company – is more than 2.4 million tons of products based on ethylene and polypropylene. Rabigh Refining & Petrochemical Company has its scientific base, developing new products for the industry.
Rabigh Refining & Petrochemical Company factories produce plastics, detergents, lubricants, resins, coolants, antifreeze, paints, shampoos.
The company has its research center called Rabigh PlusTech Park. Here they research the field of mixing polymer materials for the conversion industries of the state.
The Japanese company Sumitomo Chemical, a partner of the Saudi Company, also conducts its research in the Kingdom of Saudi Arabia.
The Rabigh Plastic Center is part of the Rabigh Refining & Petrochemical Company, providing technical support and training in plastics processing technologies.
Rabigh Refining & Petrochemical Company is successful. Shares of the Rabigh Refining & Petrochemical Company are listed on the Saudi TADAWUL exchange.
Each year, the Rabigh Refining & Petrochemical Company produces and sells 140 million barrels of petroleum products and 5 million tons of petrochemical products.
Securities of the Rabigh Refining & Petrochemical Company were listed on the Saudi TADAWUL Stock Exchange in 2008.
More than 4.5 million Saudi citizens have acquired shares of the Rabigh Refining & Petrochemical Company. As a result of the investment, the value of the shares of the Rabigh Refining & Petrochemical Company immediately increased five-fold.
At the beginning of August 2019, the value of shares of the Rabigh Refining & Petrochemical Company was SAR 19.22.
It is possible to purchase shares of Rabigh Refining & Petrochemical Company by registering based on the brokerage platform Tradeallcrypto. Then choose Trading with tradeallcrypto.cfd, the Rabigh Refining & Petrochemical Company tools.
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