Saudi Arabian Fertilizer Company (SAFCO)

RATING

SECTOR

Specialized Chemicals



WEBSITE

CONTACT

8648 Abu Ali Rd

Industrial Area

Al Jubail 35715 3760

Suudi Arabistan



STOCK EXCHANGE

LISTING

N/A

EMPLOYEES

1,276

CHIEF SUSTAINABILITY OFFICER

N/A

AWARDS

N/A

CONTENT SOURCE

FURTHER READING

N/A

Saudi Arabian Fertilizer Company (SAFCO)

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

Company Activity

Saudi Arabian Fertilizer Company, the first petrochemical company in Saudi Arabia, was established under Royal Decree No. M/13 dated 11-05-1385H – 1965 as a joint venture between the Government and the citizens of Saudi Arabia with a share capital of SR100 million. The capital of the company was increased several times and its current capital is SR3, 333 million made up of 333 Million shares of SR 10 each. Saudi Arabian Basic Industries Corporation (SABIC) owns 42.99% with 57.01% being held by the private sector and the public.

The company expanded its activities through ownership of 50% of the National Chemical Fertilizers Company (IBN AL-BAYTTAR) jointly with SABIC. IBN AL-BAYTTAR is a limited liability company incorporated on 20/07/1405H, corresponding to 10/04/1985AD, located in Jubail Industrial City and is engaged in the manufacturing and marketing of chemical fertilizers of all kinds. Moreover, SAFCO owns a 3.87% share in the capital of Arabian Industrial Fibers Company (IBN RUSHD) and 1.69% in the capital of Yanbu National Petrochemical Company (YANSAB).



Company Sustainable Activity

 According to the company “SAFCO recognizes its responsibility towards preservation and improvement of the environment in which the Company is manufacturing Nitrogenous Fertilizers. The Company applies proactive measures for the protection of the environment, neighboring community and industrial hygiene through a framework of objectives and targets, set periodically, to control air pollution, water and ground as well as train and enhance employees’ awareness about the impacts of specific activities in the environment. The company is fully committed to meet all local environmental legislation & regulations and strive to meet regional and international standards to enhance environmental protection levels progressively in line with Company’s Safety, Health and Quality Policies.”

Certificates

  • International standards of Environment, Health, Safety and Security (EHSS)
  • Responsible Care (RC14001:2008) certification

Sustainable Development Goals

How company covers SDGs

N/A

Progress

N/A

Saudi Arabian Fertilizers also are known as SAFCO manufacturers fertilizers through urea, ammonia, and other fertilizer components. One of their products are petrochemicals which are the main contributors to ozone depletion, acid rain, pollution, and global warming. They do not contribute to any of the United Nations’ sustainable development goals and lack any awards recognizing their sustainable accomplishments. The company doesn’t have any published sustainability activities or Chief Sustainability Officer but just has the RC14001 certification which means they follow a set of standards regarding the environment, health, safety, and security. They are rated as F. 

Videos

Share this Post