Arab Industrial Fibers Company
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Arab Industrial Fibers Company - overview
Established
1993
Location
Yanbu, -, Saudi Arabia
Primary Industry
Chemicals
About
Founded in 1993 and based in Saudi Arabia, Arab Industrial Fibers Company, aka Ibn Rushd, is a subsidiary of Saudi Basic Industries Corporation and operates a complex consisting of three interconnected factories. As of 2024, the company is led by its CEO, Abdullah Suleiman Al-Juraish. The company specializes in operating three factories, including Al Otaryat Factory, which focuses on producing aromatic compounds, specifically paracillin and benzene. The second facility, the Pure Tralic Acid Factory, utilizes paracillin and acetic acid to produce pure tralic acid, a critical input for further manufacturing stages.
The final facility, the Polyester Factory, produces polyester grains by combining pure tralic acid with ethylene glycol.
Current Investors
Public Investment Fund
Primary Industry
Chemicals
Sub Industries
Petrochemicals
Website
www.saic.com.sa/
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Arab Industrial Fibers Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Arab Industrial Fibers Company | - |
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