Alujain Corporation
Alujain Corporation is a Saudi joint stock company established in 1991 with headquarters in Riyadh, Saudi Arabia by a group of prominent Saudi/Gulf businessmen, and its share capital is SR692 million ($185 million) representing 69,200,000 shares at SR10 per share.
Alujain holds a majority equity of 65% in National Petrochemical Industrial Company (“NATPET”), operating a 400,000 tons per year Propylene Polypropylene Complex in Yanbu using Oleflex and Spheripol technologies, and a 100% share in Industrial Specialized Innovations Company ("ISIC"), manufacture of plastics and synthetic rubber in their primary forms in Yanbu.
Key Financial Highlights - FY 2025
1,301.5
SR Million
Sales
(833.9)
SR Million
Net Profit (Loss)
(49.5)
SR Million
Gross Profit
(1,294.8)
SR Million
Profit/ (Loss) Before Zakat