Gulf Petrochemical Industries Company

Gulf Petrochemical Industries Company (GPIC) [1] is the only petrochemical producing company headquartered in the Kingdom of Bahrain and sells its products both locally and exports to other gulf countries and beyond, including U.S., China, India, Pakistan among others.

Gulf Petrochemical Industries Company (GPIC)
TypePrivate
IndustryPetrochemicals
FoundedDecember 1979
HeadquartersSitra, Kingdom of Bahrain
Key people
H.E. Eng. Kamal Bin Ahmed Mohammed (Chairman) Yasser A.Rahim Alabbasi (President)
ProductsAmmonia, Methanol & Urea
Owner1. National Oil and Gas Holding Company (NOGA Holding) Kingdom of Bahrain - (33.3%)

2. SABIC Agri-nutrient Investments (SABIC) Kingdom of Saudi Arabia - (33.3%)

3. Petrochemical Industries Co. (PIC) State of Kuwait - (33.3%)
Number of employees
444
Websitehttp://www.gpic.com/

GPIC is jointly owned by three major governmental institutions, namely, the National Oil and Gas Holding Company (NOGA Holding) from the Kingdom of Bahrain, SABIC Agri-nutrient Investments from the Kingdom of Saudi Arabia, and Petrochemical Industries Co. (PIC) from the State of Kuwait.

Established with a paid-up capital of $160 million, the Company employs 444 people of whom 92% are Bahrainis.

Its operations that involve natural gas purchases, employment and training of Bahraini nationals, utilization of local contractors, power consumption and other financial and commercial operations inject around $270 million annually into the national economy. GPIC uses natural gas which is available locally, as a basis for the production of ammonia, urea and methanol, which are its sole products.

Production [2]
  1. Ammonia
  2. Methanol
  3. Urea

Corporate management

The company’s Board of Directors [3] comprises representatives from the three shareholding states and is chaired by H.E. Eng. Kamal Bin Ahmed Mohammed[4] The company’s executive management[5] is led by Yasser A.Rahim Alabbasi as President.

Executive Management
President Yasser A.Rahim Alabbasi
Executive Advisor (EA) Fadhel Al Ansari
General Manager Corporate Support (GMCS) Adnan Al Mahmood
Plants Operation Manager Khalid Al Bin Ali
Maintenance Manager Jassim Darwish
Technical Services Manager Bader Al Mansoori
Procurement & Warehousing Manager Ahmed Al Arabi
Safety, Security, Health and Environment Manager Jamal Al Shawoosh
IT & Knowledge Manager Adnan Al Mahmood
Finance & Marketing Manager Jehad Khalfan
Human Resources & Corporate Communications Manager Najat Sharif

References
  1. "Gulf Petrochemical Industries Company".
  2. "GPIC".
  3. "GPIC". www.gpic.com. Archived from the original on 5 August 2016. Retrieved 5 July 2016.
  4. "GPIC". gpic.com.
  5. "GPIC". www.gpic.com. Archived from the original on 14 July 2016. Retrieved 5 July 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.