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National Petrochemical Industrial Company (NATPET) manufactures and supplies polypropylene and its derivatives from its 400,000 metric tons per year production facility in Yanbu Industrial City, Saudi Arabia. The company’s core product line includes various polypropylene grades, such as homopolymers and random copolymers, engineered for diverse industrial applications. This approach emphasizes robust, large-scale polymer output.
NATPET began operations with the commissioning of its advanced polypropylene complex, a strategic initiative to meet escalating demand for versatile polymer materials. The company's establishment was driven by the insight that high-capacity local production would effectively serve regional and international markets. Its origins are tied to this significant industrial infrastructure investment.
NATPET's polypropylene products are integral to sectors like packaging, automotive, consumer goods, textiles, and healthcare. The company delivers durable, high-quality materials, continuously enhancing industrial capabilities. Its vision is to foster sustainable material solutions, supporting a global customer base with essential polymer products.
National Petrochemical Industrial Company has 2 tracked investments across 1 company. The latest tracked deal is $45.0M Series E in Siluria Technologies in July 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 13, 2016 | Siluria Technologies | $45.0M Series E | National Petrochemical Industrial Company | AIR Liquide Global E&C Solutions, Maire Tecnimont |
| Nov 18, 2015 | Siluria Technologies | $25.0M Other Equity | National Petrochemical Industrial Company | Fine Teck, Linde |