Saudi Arabia has booked five centers among the list of 100 largest Petrochemical companies in the world with “101. 4 billion dollars, in the absence of any Arab or Gulf company, with the exception of Saudi companies, the only representative of the two regions. ”
The market value of the 100 largest petrochemical businesses today, Monday, was estimated to be $1.38 trillion according to the monitoring of the reporting unit in the Saudi Al-Iqtisadiya daily.
4 billion dollars, or 7.3% of the value of the 100 biggest corporations, went to five Saudi companies.
And among the ten largest petrochemical corporations in the world are certain Saudi firms, one of which, SABIC, is ranked second with a market value of $73.8 billion.
While the other four companies came among the 53 adults company, as Sipkim came in the 42nd ranking with a market value of 8. 4 billion dollars, then it flows in the 44th place with a market value of 7.
2 billion dollars, and Petrorapag is ranked 47th with a market value of 6. 4 billion dollars, then the Saudi entity company in the ranking $5. 7 billion is the 53rd market value.
Saudi Arabia relies heavily on the petrochemical sector within the national industry strategy, which targets investment opportunities of one trillion riyals, in order to achieve ambitious economic returns for the Kingdom by 2030, including: doubling the industrial GDP by about three times, and doubling the value of industrial exports to reach 557 billion riyals.
The National Industry Strategy likewise aims to bring the sector’s total new investments up to $1.
3 trillion riyals, as well as a six-fold rise in exports of high-tech goods and the development of tens of thousands of high-value, high-quality jobs.
Germany came the most representative country in the number of companies among the ten adults with three companies, then the United States with two companies, while one company for the United Kingdom, Saudi Arabia, France, China and Japan..
Five Saudi firms are among the top 100 petrochemical producers worldwide.
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