38.10 SAR

About Advanced

Advanced was incorporated as a closed joint stock company on October 01, 2005, with current paid-up capital of SR 2,600,000,000. The company was listed on the Saudi Exchange in 2006.

 

Advanced Petrochemical Company “Advanced” is engaged in the manufacture of plastics in primary forms, investment in industrial projects including, but not limited to, projects relating to petrochemical, chemical, basic and conversion industries and industries relating to renewable energy and to establish, operate and own industrial projects both within and outside of the Kingdom of Saudi Arabia.

 

In May 2006, Advanced started the construction of its integrated petrochemical plants, located in Jubail Industrial City in the Eastern Province of the Kingdom of Saudi Arabia, which started its commercial production from its polypropylene facility on March 03, 2008. The integrated plant is designed to produce 455,000 tons per year of propylene and 450,000 tons per year of polypropylene (nameplate capacities) from its production facility.

 

Advanced is currently executing its Propane Dehydrogenation, with a total nameplate capacity of 843,000 tons per year of Propylene using CATOFIN Technology and Polypropylene (PP) plants, with a total nameplate capacity of 800,000 tons per year using Spheripol and Spherizone technologies from LyondellBasell, with approximately twice its current size, which is expected to come on stream by Q3 2024. This project aims to produce various specialized PP product grades which will provide an edge for Advanced to penetrate value-added PP segments.

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Our Vision

Growing chemical company

acting responsibly towards all stakeholders.

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Our Mission

Provide quality products through professional work environment to maximize profit in a socially responsible and sustainable manner.

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Our Values

Chairman’s Message

We, at the Advanced Petrochemical Company, are proud of our achievements made since the inception of the company. We express our gratitude for the relentless efforts made by the company’s management, employees and contractors.

 

Communication and transparency are important principals to us. We are committed at Advanced to strengthening relationships with all our shareholders, suppliers and the community. Therefore, we are delighted to announce the launch of our new website, which will be a channel of communication to provide the latest projects and news.

 

Our website will be a reliable source of information and news. We hope that it will provide our shareholders and partners with every information that they are looking for and making them one step away from everything related to the Advanced Petrochemical Company.

Mr. Khalifa Abdullatif Al Mulhem

Chairman

Awards

Occupational Safety and Health Pioneer Award

Best Training Programs for Students and Graduates

Advanced Awards 1 1

1st Rank Environmental Performance Award

Best Environmental Program Sponsor

HRH Princes Seetah Award for CSR

1st Cycle Energy Saving Credits Certified

RoSPA Gold Award

International Quality Star - Diamond

Mr. Khalifa A. Al-Mulhem

Chairman of the Board of Directors, Non-executive Member

 

Tenure
Re-elected as a Director from October 1, 2022, to September 30, 2025.

Board committees membership

  • Chairman of the Executive Committee
  • Member of the Nominations & Remunerations Committee

 

Membership in affiliates

  • Chairman of the Board of Advanced Global Investment Company (AGIC)
  • Chairman of the Board of Advanced Global Marketing Company (AGMC)
  • Chairman of the Board of Advanced Polyolefins Industry Company (APOC)
  • Chairman of the Executive Committee of APOC

 

Outside interests/commitments

  • Chairman of Khalifa Abdullatif Abdullah Al-Mulhem Ltd. Company
  • Board Member in Walaa Cooperative Insurance Company
  • Board Member in Aljazira Bank
  • Board Member in National Shipping Company of Saudi Arabia (Bahri)
  • Board Member in Al Jazeera Support Services Company (MEHAN)
  • Board Member in Canadian Medical Center Company

  

Nationality
Saudi

 

Experience & Qualifications

Mr. Khalifa is one of the founders of the Company, in which he has vast experience in industrial and commercial projects, management of banking and banking services. He worked at the Saudi Industrial Development Fund “SIDF” and held multiple memberships in several Boards, such as: SABB, Saudi Spanish Bank, General Organization for Social Insurance “Governmental Authority”, Nama Chemicals Company,  Riyadh Cement Co. and Al-Ittefaq Steel Products Company.

Mr. Khalifa graduated from Colorado University, USA, in 1978 with bachelor’s degree in Business Administration.

Mr. Waleed M. Al-Jaafari

Vice Chairman of the Board of Directors, Non-executive Member

Tenure
Re-elected as a Director from October 1, 2022, to September 30, 2025.

Board committees membership

  • Member of the Nominations & Remunerations Committee
  • Member of the Investment Committee
  • Member of the Audit Committee

Outside interests/commitments

  • Board Member in Walaa Cooperative Insurance Company
  • Board Member and Managing Director of Al-Dawaa Medical Services Company
  • Board Member in Eastern Province Cement Company
  • Board Member in Global Tourism Company
  • Board Member in Industrialization Energy Services Company (TAQA)
  • Chairman of the Board of Gulf Real Estate Development Company
  • General Manager at Meshraf Real estate Company
  • Board Member in Digital Business Systems Company: Board Member

Nationality

Saudi

Experience & Qualifications

Mr. Waleed has wide experience in the administrative, financial, economic, medical services, industrial and insurance sectors. He held the position of Chairman and Managing Director of the Al-Dawaa Company for Medical Services (DMISCO”) between 1998 and 2020, and He served as a faculty member at the Institute of Public Administration in the early 1980s and as the General Manager and member of the Board of Directors of the Gulf Stevedoring Contracting Company between 1985 and 1998.

Mr. Waleed graduated from King Saud University in 1982 with a bachelor’s degree in economics.

Eng. Abdallah I. Al Saadan

Member of the Board of Directors, Non-executive Member

 

Tenure
Appointed a Member from October 1, 2022, to September 30, 2025.

Board Committees membership

  • Member of the Executive Committee

Outside interests/commitments

  • Board Member in Hassana Investment Company
  • Board Member in Al Raidah Investment Company

Nationality

Saudi

Experience & Qualifications

Eng. Abdullah has extensive experience in several leadership positions, where he had more than 30 years of experience at the Saudi Aramco. He held multiple positions during his career such as: Senior Vice President for Finance, Strategy and Development at Saudi Aramco, President and CEO of Saudi Aramco Mobil Refinery Co. Ltd. (SAMREF) and the Vice President of Saudi Aramco Gas Operations, and President of the Royal Commission for Jubail and Yanbu (Governmental Authority)

Eng. Abdullah acquired a master’s degree in business administration from Massachusetts Institute of Technology, US, in 2007, and a master’s in chemical engineering from University of Louisiana at Lafayette and a bachelor’s degree in chemical engineering from King Fahad University of Petroleum & Minerals.

Eng. Abdulaziz A. Al-Habardi

Member of the Board of Directors, Non-executive Member

Tenure
 Re-elected as a Member from October 1, 2022, to September 30, 2025.

Board committees membership

  • Member of the Executive Committee

Membership in affiliates

  • Vice Chairman of the Board of Advanced Polyolefins Industry Company (APOC)
  • Chairman of the Audit Committee of APOC
  • Member of the Executive Committee of APOC

 

Outside interests/commitments

  • Board Member in Yanbu Cement Company

Nationality

Saudi

Experience & Qualifications

Eng. Abdulaziz has extensive experience in petrochemical industry, where he served as a board member, president and General Manager of many petrochemical companies in SABIC between 1996 and 2016 such as: Al Jubail Petrochemical Company (Kemya), Eastern Petrochemical Company (Sharq), Arabian Petrochemical Company (Petrokemya) and Saudi Petrochemical Company (Sadaf).

Eng. Abdulaziz graduated from King Fahad University for Petroleum and Minerals, in 1984 with bachelor’s degree in mechanical engineering.

Eng. Abdulsalam M. Al-Mazro

Member of the Board of Directors, Independent Member

Tenure
Appointed a Member from October 1, 2022, to September 30, 2025.

Board committees membership

  • Member of the Audit Committee

Outside interests/commitments

  • Chairman of the Board of Maz Holding Company
  • Board Member in Gulf Cryo Gas Industries Company

Nationality

Saudi

Experience & Qualifications

Eng. Abdulsalam has more than 26 years of experience in the fields of manufacturing, planning, and marketing petrochemicals, as he was a board member in multiple of SABIC’s affiliates, and a board member of Methanol Chemicals Company (Chemanol) and Rabigh Refining and Petrochemical Company (Petro Rabigh).

 Eng. Abdulsalam acquired master’s in business administration from the University of Bradford, West Yorkshire UK, and a bachelor’s degree in chemical engineering from King Saud University.

Mr. Abdulaziz A. Al-Mulhem

Member of the Board of Directors, Non-executive Member

 

Tenure
Re-elected as a Member from October 1, 2022, to September 30, 2025.

Board committees membership

  • Member of the Executive Committee
  • Member of the Nominations & Remunerations Committee
  • Member of the Investment Committee
  • Member of the Audit Committee

 

Membership in affiliates

  • Member of the Executive Committee of APOC
  • Member of the Audit Committee of APOC

Outside interests/commitments

  • Regional General Manager of the Banque Saudi Fransi
  • Member of the Board of Saudi Fransi Financing and Leasing (SFFL)
  • Member of the Board of Global Anti Corrosion Techniques Company
  • Member of the Board of Sofinco Saudi Fransi Company

Nationality

Saudi

Experience & Qualifications

Mr. Abdulaziz has rich experience in the banking and insurance sectors. He was a Regional Manager at the Saudi Hollandi Bank and held multiple memberships in several Boards, such as: the Mediterranean and Gulf Insurance and Reinsurance Company, Tourism Enterprise (Shams) Company and Saudi Fransi Leasing Company.

Mr. Abdulaziz graduated from Evansville University, Indiana, USA, in 1983 with a bachelor’s degree in business administration.

Dr. Badr O. Johar

Member of the Board of Directors, Independent Member

 

Tenure
Re-elected as a Member from October 1, 2022, to September 30, 2025.

Board Committees membership

  • Chairman of the Nominations & Remunerations Committee
  • Chairman of the Investment Committee

 

Outside interests/commitments

  • Board Member in Cement Products Industry Company
  • Board Member in Qatrana Cement Company
  • Chief Executive Officer at Arabian Cement Company

Nationality

Saudi

Experience & Qualifications

Dr. Badr has rich experience in the cement industry. He held many positions such as Chief Executive Officer of Najran Cement Company.

Dr. Badr acquired a PhD in Industrial Engineering in 2011, master’s degree in engineering/Industrial Management in 2004, bachelor’s degree in industrial engineering in 2003, all from the Northeastern University, USA.

Eng. Nader S. Al-Dakheel

Member of the Board of Directors, Independent Member

 

Tenure
Appointed a Member from October 1, 2022, to September 30, 2025.

Outside interests/commitments

  • Board Member in Interior and Exterior Flooring Textile Solutions Holding Company
  • Board Member in Building Construction Company
  • Board Member in Al-Tawfiq Company for Plastic Industries and Woven Bags
  • Board Member in the First Address Mineral Water Factory
  • Board Member in Makana for Industry and Services Company
  • Chief Executive Officer of the Saudi Industrial Manufacturing Holding Company

Nationality

Saudi

Experience & Qualifications

Eng. Nader has vast experience in petrochemical and petrochemical conversion industries. He served in many engineering roles at Sabic and leading positions in several companies such as: general manager at Procter & Gamble and general manager of manufacturing at Farabi Petrochemical Company.

Eng. Nader acquired master’s in business management from London Business School, and a master’s in Structural Engineering and Projects from King Fahd University of Petroleum and Minerals (KFUPM), as well as a bachelor’s degree in mechanical engineering from KFUPM.

Eng. Mohammed K. Al-Mulhem

Member of the Board of Directors, Non-executive Member

 

Tenure
Re-elected as a Member from October 1, 2022, to September 30, 2025.

Board committees membership

  • Member of the Executive Committee

Membership in affiliates

  • Board Member of Advanced Polyolefins Industry Company (APOC)
  • Member of the Executive Committee of APOC

Outside interests/commitments

  • Board Member in Riyadh Cement Company
  • Board Member in Al-Ittefaq Steel Products Company
  • Board Member in Al Jazeera Support Services Company (MEHAN)
  • Business Development Manager at the Buildings System for Concrete Factory

Nationality

Saudi

Experience & Qualifications

Eng. Mohammed has broad experience in industrial and commercial projects. He worked in Saudi Aramco as a Civil Engineer and served as a board member in many companies.

Eng. Mohammed acquired a master’s degree in finance and Banking from Queen Mary University of London, England, in 2021 and graduated from Concordia University, Canada, in 2014 with bachelor’s degree in civil engineering.

Fahad S. Al Matrafi

President & CEO

 

Mr. Fahad Al Matrafi completed Chemical Engineering in 1995 and Executive MBA program in 2006 from KFUPM. Mr. Al Matrafi started his career with SABIC and has more than 25 years’ experience in various fields of the Petrochemical business.

 

He joined Advanced Petrochemical Company in 2008 and held several positions viz. GM Operations, GM Supply Chain,  GM Technical and VP Technical. Currently, he is the President & CEO of Advanced from August 2019 till date.

Company Name
Legal Entity
Position
Location
Membership
Advanced Petrochemical Company
Listed Company
President & CEO
Saudi Arabia
Current
Advanced Polyolefins Industry Company
Closed Joint Stock Company
Board Member
Saudi Arabia
Current
SK Advanced Company
LLC
Board Member
South Korea
Current
Ulsan Polypropylene Company
LLC
Board Member
South Korea
Until October 2021
Advanced Global Investment Company
LLC
Board Member
Saudi Arabia
Current
Advanced Global Holding Company
LLC
Board Member
Luxembourg
Current

Mamdouh H. Al Amri

Vice President of Projects

Mr. Mamdouh Al Amri is a Chemical Engineer, graduated in 1996 from King Fahd University of Petroleum and Minerals. At Advanced, he is currently holding the position of Advanced Polyolefins Company CEO and  Vice President of Projects, handling all Project related activities of the company, and also held various positions as EHSS Manager, GM-Operations and GM-Administration . He has more than 26 years of experience in the Petrochemical sector. Has also been involved in commissioning, operations of various projects in Sabic affiliates.

 

Company Name
Legal Entity
Position
Location
Membership
Advanced Petrochemical Company
Listed Company
Vice President of Projects
Saudi Arabia
Current
Advanced Polyolefins Industry Company
Closed Joint Stock Company
CEO
Saudi Arabia
Current
Ulsan Polypropylene Company
LLC
Board Member
South Korea
Current
Advanced Global Investment Company
LLC
Board Member
Saudi Arabia
Current
Advanced Global Holding Company
LLC
Board Member
Luxembourg
Current

Abdulaziz S. Al-Ardhi

Chief Financial Officer

Mr. Abdulaziz holds a Bachelor’s in Accounting from King Faisal University, and a Certified Public Accounting Fellowship (SOCPA). He has participated in several workshops with International Joint Ventures. Accomplishments of more than 11 years in the field of Finance, Accounting, Auditing, Shared Services and Digitalization.

Company Name
Legal Entity
Position
Location
Membership
Advanced Petrochemical Company
Listed Company
Chief Financial Officer
Saudi Arabia
Current
SK Advanced Company
LLC
Board Member
South Korea
Current
National Metal Manufacturing and Casting Company (Maadaniyah)
Listed Company
Audit Committee Member
Saudi Arabia
Current
Advanced Petrochemical Company
Listed Company
Finance & Accounting Manager
Saudi Arabia
Previous
National Industrialization Company (Tasnee)
Listed Company
Manager Budgeting and Financial Management Reporting Consolidation
Saudi Arabia
Previous

Mohammed S. Al-Otaibi

VP, Shared Services

Mr. Mohammed joined Advanced in September 2020 and led Human Resources, Information Technology, Procurement, and Facility Management as Vice President of Shared Services. Also, he is the secretary of the Nomination and Remuneration Board Committee.

Prior to that, he served Tasnee Petrochemicals Company as General Manager, Human Resources where he played a significant role in establishing and enhancing shared services functions.

He has a Bachelor’s Degree in Computer Engineering from KFUPM and an Executive Master of Business Administration from KFUPM. He has completed many leadership and executive development programs at CCL and MIT.

Company Name
Legal Entity
Position
Location
Membership
Advanced Petrochemical Company
Listed Company
Vice President of Shared Services
Saudi Arabia
Current
Advanced Petrochemical Company
Listed Company
General Manager of Shared Services
Saudi Arabia
Previous
TASNEE Petrochemical Company
Listed Company
Human Resources General Manager
Saudi Arabia
Previous

Ali M. Al-Shahrani

VP, Operations

Mr. Ali is the Vice President of Operations, holding a Bachelor of Business Administration from Arab Open University, and has held various positions in Advanced including General Manager-Operations and General Manager-Technical. He has more than 29 years of experience in the Petrochemical and Refinery Sector. Has been involved in commissioning, operations, and engineering-related activities in new projects such as Refinery / Ethylene/ Linear Alpha Olefins / Propane Dehydrogenation, etc.

Company Name
Legal Entity
Position
Location
Membership
Advanced Petrochemical Company
Listed Company
Vice President of Operations
Saudi Arabia
Current
Advanced Petrochemical Company
Listed Company
General Manager of Operations
Saudi Arabia
Previous
SK Advanced Company
LLC
Board Member
South Korea
Previous

Abdullah A. Boaysha

VP, Maintenance and Technical

Mr. Abdullah Boaysha is a Mechanical Engineer. He has been the Vice President of Maintenance and Technical since July 2023, and the General Manager of the Technical division before that. Before joining Advanced Petrochemical Company in April 2020, he was a General Manager at Saudi Kayan (A Sabic Affiliate) since 2015.

Company Name
Legal Entity
Position
Location
Membership
Advanced Petrochemical Company
Listed Company
Vice President of Maintenance and Technical
Saudi Arabia
Current
Advanced Petrochemical Company
Listed Company
General Manager of Technical Division
Saudi Arabia
Previous
Saudi Kayan Company (A Sabic Affiliate)
Listed Company
General Manager of Maintenance Division
Saudi Arabia
Previous
Saudi Kayan Company (A Sabic Affiliate)
Listed Company
General Manager of Technical Division
Saudi Arabia
Previous
Saudi Butanol Company
Listed Company
Board Member
Saudi Arabia
Previous