Suppliers · Producer · Discovered — similar established company

Petro Rabigh

Rabigh Refining & Petrochemical Co. - Petro Rabigh - was founded as a joint venture between Saudi Aramco and Sumitomo Chemical in 2005. The plant is valued at US $10 billion and originally produced 18.4 million tons per annum (mtpa) of petroleum-based products and 2.4 mtpa of ethylene and propylene-based derivatives. Petro Rbigh products are used in such end products as plastics, detergents, …

active Saudi ArabiaAfrica & Middle East Founded 2005 ListedEmployees: 2,966 (as of 31st December 2023) Revenue: $10.2 billion USD (2024) checked 2026-10-05

Profile

Industry: Food ingredients, Packaging & plastics, Textiles & leather
Topics: Sweeteners, polyols & starch derivatives
Role: Producer — “…conversion and value-added manufacturing, and the Rabigh Plastic Technical Center (R-PTC), which provides tech…”
Parent / group: Saudi Aramco (majority shareholder)
Why it is bioeconomy: Petro Rabigh is an integrated refining and petrochemical complex that produces various hydrocarbon and petrochemical products.
Found via: [Peer] Braskem (B3: BRKM5); [Peer] PTT Global Chemical (GC); [Gap] Saudi Arabia · energy

Bio-solutions it supplies 0

Not yet cited as a supplier in a graded solution.

What they offer

Subsidiaries: Rabigh PlusTech Park

News & status 5

2025-10 Latest status: Saudi Aramco completed the acquisition of an additional 22.5% stake in Petro Rabigh from Sumitomo Chemical in October 2025. ↗ ↗ ↗
2026-07-30 Petro Rabigh CEO: Cutting debt boosted financials; ‘Bottom of the Barrel’ project in FEED stage
Petro Rabigh has strengthened its finances by substantially cutting debt, lowering financing costs, and improving solvency, enabling higher profitability and stronger retained earnings. The company is advancing its "Bottom of the Barrel" project in FEED and …
2026-08-24 Petro Rabigh CEO resigns, Hassan AlYami takes helm
Petro Rabigh has appointed Hassan AlYami as President and CEO following the resignation of Othman Al-Ghamdi, effective Sept. 1, 2026; Al-Ghamdi will remain on the board. AlYami brings 30+ years of leadership in refining and petrochemicals, including roles at …
2026-07-28 A Year After Restructuring, Petro Rabigh Posts $709 Million Profit
Petro Rabigh has swung back to profit after a capital restructuring to address heavy losses, posting 2.66 billion riyals in Q2 2026 and 4.13 billion riyals for the first half, but sustainability depends on maintaining high operating profits and cash flow, not …
2026-08-05 Saudi’s Petro Rabigh reports several strategic projects — TradingView News
Petro Rabigh is pursuing several strategic asset-development projects to boost capacity and move higher-value products, aiming to grow operating profits in the coming years. The company has returned to retained earnings after eliminating losses, with strong Q2 …
2026-10-04 Saudi Energy’s unit concludes financial close for Rabigh expansion project - Mubasher Info
Petro Rabigh is not directly mentioned; the report discusses the Rabigh 2 Independent Power Plant expansion (Rabigh 2 IPP) in which ACWA Power holds a 40% stake and Saudi Energy’s affiliate, Al Morjan Two Electricity, secured about SAR 9.69 billion of …

Network: owners, partners, peers

Ownership & investors 2

parent	Saudi Aramco
subsidiary	Rabigh PlusTech Park

Partners & deals 4

counterparty	Saudi Aramco (increased stake) and Sumitomo Chemical (decreased stake) …Saudi Aramco completed the acquisition of an additional 22.5% stake in Petro Rabigh from Sumitomo Chemical in October 2025.…
joint venture	Rabigh Refining & Petrochemical Co …\| Focus \| Rabigh Refining & Petrochemical Co. - Petro Rabigh - was founded as a joint venture between Saudi Aramco and Sumitomo Chemical in 2005. The plant is valued at US $10 billion…
joint venture	Rabigh …arge-scale, integrated refining and petrochemical complex in Rabigh. Founded in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical, it produces refined petroleum products, ethyl…
joint venture	Saudi joint venture (founded 2005 …— 2025-10-09 - — 2026-06-16 - - - </details> - — Petro Rabigh is a Saudi joint venture (founded 2005) between Saudi Aramco (60%) and Sumitomo Chemical (15%), with a total share…

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Identity & contacts

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