Saudi Arabian Fertiliser Company (SAFCO) is one of the world’s largest petrochemical companies in Saudi Arabia with $2.6 billion in assets. SAFCO employs over 1,200 people, and was the second biggest profit maker within the petrochem industry in Q1 2015 with $157 million.
The company has a $13.3 billion market capitalization and saw profits around $845 million in 2014. Shareholders include SABIC (42.99%), GOSI is another large shareholder (12.2%), and various private companies.
SAFCO holds half or minority interest in National Chemical Fertilizers Company, Arabian Industrial Fibers Company, and Yanbu National Petrochemicals Company.
The company was founded in 1965, the first petrochemical company in the country, and is headquartered in Jubail Industrial City, Saudi Arabia. The President is Ahmed Bin Mohammed Al Gabr and the Chairman is Yousef Bin Abdullah Al-Benyan, also the acting CEO of SABIC.