| Segment Distribution | |
|---|---|
| Marketing | which includes trading revenues of Sipchem Marketing Company and its foreign subsidiaries |
| Intermediate chemicals | which includes Acetic Acid, Vinyl Acetate Monomer, Ethyl Acetate, Butyl Acetate, and utilities. |
| Basic chemicals | which includes Methanol, Butane products and Carbon monoxide. |
| Polymers | which includes Low-density polyethylene, polyvinyl acetate, polyvinyl alcohol, Polybutylene terephthalate, and electrical connecting wire products. This segment also includes polypropylene. |
| Corporate and others | which includes Sipchem, EVA films and Tool manufacturing plant. This segment also includes Sahara’s enabling functions and support activities. |
| Petrochemical sector | |
| Eliminations | |
|
2023
|
2022
|
2021
|
2020
|
|---|
Sales
(Million Riyal)|
Business Segment
|
Chart
|
||||
|---|---|---|---|---|---|
Marketing |
5,221.86
|
8,048.28
|
7,435.31
|
3,663.54
|
|
Intermediate chemicals |
2,678.35
|
4,639.42
|
4,305.32
|
2,231.95
|
|
Basic chemicals |
2,198.03
|
3,184.34
|
3,146.05
|
1,691.59
|
|
Polymers |
2,741.59
|
3,360.81
|
3,454.68
|
2,334.24
|
|
Corporate and others |
37.67
|
28.08
|
16.53
|
49.48
|
|
Eliminations |
(5,259.57)
|
(9,007.31)
|
(8,671.19)
|
(4,647.78)
|
|
|
Total
|
|
|
|
|
Gross Income
(Million Riyal)|
Business Segment
|
Chart
|
||||
|---|---|---|---|---|---|
Marketing |
198.96
|
331.02
|
335.89
|
153.65
|
|
Intermediate chemicals |
198.47
|
1,640.10
|
1,706.37
|
(72.13)
|
|
Basic chemicals |
882.20
|
1,858.51
|
1,985.88
|
617.97
|
|
Polymers |
642.00
|
927.52
|
1,416.35
|
455.19
|
|
Corporate and others |
(16.67)
|
(25.44)
|
(20.01)
|
(6.43)
|
|
Eliminations |
263.50
|
106.97
|
(82.13)
|
24.69
|
|
|
Total
|
|
|
|
|
Operating Income
(Million Riyal)|
Business Segment
|
Chart
|
||||
|---|---|---|---|---|---|
Marketing |
109.84
|
259.83
|
269.04
|
101.46
|
|
Intermediate chemicals |
83.69
|
1,308.92
|
1,388.94
|
(306.68)
|
|
Basic chemicals |
753.65
|
1,657.09
|
1,765.30
|
348.56
|
|
Polymers |
476.61
|
762.84
|
1,041.38
|
237.03
|
|
Corporate and others |
(84.98)
|
(97.00)
|
(141.25)
|
(71.72)
|
|
Eliminations |
80.17
|
155.31
|
(21.97)
|
50.98
|
|
|
Total
|
|
|
|
|
Net Income
(Million Riyal)|
Business Segment
|
Chart
|
||||
|---|---|---|---|---|---|
Marketing |
110.29
|
259.62
|
267.59
|
100.50
|
|
Intermediate chemicals |
68.69
|
1,253.23
|
1,256.77
|
(58.67)
|
|
Basic chemicals |
716.30
|
1,626.41
|
1,697.28
|
207.68
|
|
Polymers |
368.16
|
694.08
|
931.87
|
142.87
|
|
Corporate and others |
121.85
|
251.38
|
687.32
|
(136.61)
|
|
Eliminations |
(21.17)
|
99.45
|
(383.35)
|
(70.78)
|
|
|
Total
|
|
|
|
|
Total Assets
(Million Riyal)|
Business Segment
|
Chart
|
||||
|---|---|---|---|---|---|
Marketing |
1,379.08
|
1,687.56
|
2,060.73
|
1,227.09
|
|
Intermediate chemicals |
4,860.26
|
5,475.57
|
5,955.12
|
5,374.42
|
|
Basic chemicals |
3,364.99
|
3,356.31
|
3,838.65
|
3,771.82
|
|
Polymers |
6,303.83
|
6,880.76
|
7,208.71
|
7,244.75
|
|
Corporate and others |
25,961.31
|
27,097.48
|
26,733.65
|
25,248.68
|
|
Eliminations |
(19,845.56)
|
(21,022.39)
|
(21,331.79)
|
(19,101.68)
|
|
|
Total
|
|
|
|
|
Total Liabilities
(Million Riyal)|
Business Segment
|
Chart
|
||||
|---|---|---|---|---|---|
Marketing |
882.08
|
1,135.42
|
1,651.67
|
823.50
|
|
Intermediate chemicals |
1,292.55
|
1,546.34
|
1,895.61
|
2,422.84
|
|
Basic chemicals |
1,116.03
|
1,106.85
|
1,895.14
|
2,275.07
|
|
Polymers |
2,503.97
|
2,677.03
|
2,927.89
|
3,235.39
|
|
Corporate and others |
3,463.16
|
3,799.49
|
4,844.09
|
5,247.75
|
|
Eliminations |
(3,656.22)
|
(3,526.65)
|
(4,471.41)
|
(4,075.34)
|
|
|
Total
|
|
|
|
|
