Saudi Industrial Investment Group (SIIG) with Chevron Phillips Chemical Company LLC, through a wholly owned affiliate Arabian Chevron Phillips Petrochemical Company (ACP), has two 50/50 joint venture projects in the Eastern Province Industrial City of Al-Jubail: Saudi Chevron Phillips Company (SCP) and Jubail Chevron Phillips Company (JCP).
SCP began commercial production in December 1999 and produces Benzene, Motor-Gasoline and Cyclohexane. Saudi Chevron Phillips is owned by ACP and SIIG each with a 50% share.
S-Chem
Jubail Chevron Phillips Company (JCP)
Commercial production started in the second half of 2008. The products comprise Ethylene, Styrene and Propylene. Ownership of this company is equally distributed between ACP and SIIG.
Saudi Polymers
Saudi Polymers Company (SPCo)
SPCo has been recently established , started commercial production in 2012 and is owned 65% by Petrochem, and 35% by ACP.
Governance at S-Chem
We uphold the highest standards of business ethics and compliance across our operations, ensuring that integrity and transparency guide every decision.
Our governance framework covers:
Business Ethics & Integrity – Commitment to accountability, compliance, and anti-bribery measures.
Supply Chain Responsibility – Ensuring safe, ethical, and sustainable sourcing, with 90% of procurement from local suppliers in 2024.
Data Privacy & Security – Safeguarding stakeholder information, with zero data breaches reported in the past three years.
Risk Management – ISO 9001 certified, with robust internal controls and alignment to global standards.