- CEO
- Khalid bin Mohammed Al-Dawood
- Full Time Employees
- 1,921
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- 6807 Othman Bin Affan Riyadh Riyadh Province Saudi Arabia 12485
- IPO Date
- Jan 11, 1999
- Business
- Alujain Corporation (2170.SR), formerly Alujain Holding Corporation SJSC, is a Saudi Arabia-based joint-stock company that promotes, develops, and invests in industrial projects across petrochemicals, mining, metals, energy, real estate, and healthcare sectors; it produces and sells propylene, polypropylene and their derivatives, geo-synthetic products, organic chemicals including styrene, home care products such as spray starches and air fresheners, insecticides, agricultural pesticides, and engages in wholesale of chemicals, basic plastics, rubber, and synthetic fibers. The company operates through segments including investments, manufacturing of petrochemical products, and manufacturing of home care products, serving markets in the Kingdom of Saudi Arabia and internationally with a focus on creating globally competitive projects utilizing natural resources while adhering to national, social, and environmental standards. Founded in December 1991 and headquartered in Riyadh, Saudi Arabia, with a capital of SAR 692 million (approximately USD 185 million), Alujain Corporation changed its name from Alujain Holding Corporation in May 2022 and completed a significant transaction in May 2024 by selling a 35% stake in its subsidiary National Petrochemical Industrial Company (NATPET) to LyondellBasell, forming a 35-65 joint venture to enhance propylene downstream production and strengthen global marketing capabilities.