Subsidiaries and Affiliates

National Petrochemical Industrial Co. (NATPET) is a closed joint stock company, operating a 400,000 MT/year propylene/polypropylene complex at Madinat Yanbu Alsenae’a on the west coast of Saudi Arabia.

NATPET uses UOP’s Oleflex® technology to convert propane gas into propylene, then transfer the propylene to a 400,000 MT/year polypropylene (PP) plant, which uses the prestigious Spheripol® technology from polyolefin industry leader LyondellBasell.

NATPET’s plant is geared to produce a wide range of PP-grade product mixes (homopolymers, random and heterophasic copolymers) to serve diversified market segments such as rigid and flexible packaging, fiber and raffia, consumer goods, automotive, etc.

Infrastructure Reinforcement Industrial Company (IRIC) is a leading Geosynthetics producer and supplier with a long and very successful presence in the international markets, carrying well known and appreciated brand name “GEONATPET”. Our products are well known in the GCC market. NATPET is a large producer of Polypropylene in GCC with exports all over the world, producing the highest quality of products.

We have our geotextile production plant in Yanbu, North West Saudi Arabia, and offices in Jeddah, Dammam, Riyadh, and Dubai. We are covering the markets of GCC, Egypt, M. East, and the Indian Subcontinent for Geosynthetics while we are selling internationally our high-quality virgin Polypropylene fibers.

A. Schulman is a leading international supplier of high-performance plastic compounds and resins, which are used as raw materials in a variety of markets. The Company’s principal product lines consist of proprietary and custom-formulated engineered plastic compounds, color concentrates and additives that improve the appearance and performance of plastics in a number of specialized applications.

Technology centers in North America and Europe are devoted to new product development and color research. The Company’s manufacturing facilities have their own product testing and quality control laboratories to ensure timely delivery of high-quality products to A. Schulman’s global customer base.