PERFORMANCE & ACHIEVEMENTS

Achieving Excellence, Fueling Innovation, Delivering Impact.

RESPONSIBLE CARE

Responsible Care is the global chemical industry’s unifying commitment to the safe management of chemicals throughout their life cycle, while promoting their role in improving quality of life and contributing to sustainable development. As a signatory to the Responsible Care Global Charter, Advanced Petrochemical Company will actively strengthen the Responsible Care initiative worldwide and is committed to:

Achieving 24 Million safe man-hours without lost workday Injuries in 2023.

01

A Corporate Leadership Culture that proactively supports safe chemicals management through the global Responsible Care initiative.

02

Safeguarding People and the Environment by continuously improving our environmental, health and safety performance; the security of our facilities, processes and technologies; and by driving continuous improvement in chemical product safety and stewardship throughout the supply chain.

03

Strengthening Chemicals Management Systems by participating in the development and implementation of lifecycleoriented, sound-science and risk-based chemical safety legislation and best practices

04

Influencing Business Partners to promote the safe management of chemicals within their own operations.

05

Engaging Stakeholders, understanding and responding to their concerns and expectations for safer operations and products and communicating openly on our performance and products

06

Contributing to Sustainability through improved performance, expanded economic opportunities and the development of innovative technologies and other solutions to societal challenges

BUSINESS

PERFORMANCE

Advanced has achieved a net profit of SAR 171 million in 2023. The reason of the decrease in the net profit is due to the reduction in the net sales price and volumes by %15 and %5 respectively; despite of the reduction in propane and purchased propylene prices by %24 and %17 respectively, as well as the reduction in share of loss in SK Advanced investment by SAR 12 million.

Business results for the last five years:

Assets and Liabilities for the
Last Five Years:

GEOGRAPHICAL

DISTRIBUTION

OF SALES

CSR
PROGRAMS

CSR Programs for creating

a sustainable value

At Advanced, we've proactively focused on improving and expanding our innovative CSR programs, which have enabled us to make a positive impact across the Health, Education & Charitable sectors over time.

As social responsibility continues to be our company's pillar of success, we look forward to continuing our efforts that align with our values and principles, and create lasting impact and help contribute towards the community.