Rifd Industry Company receives 0.5 million square meter (m2) industrial land from Royal Commission for its Rifd Petrochemical (mega) project. The allocated project site is in Jubail Industrial City, KSA (Jubail-2 area). The project is considered to be the first of its kind in Saudi Arabia. The products will be targeted for B2B and will …
Rifd Industry Company via its subsidiary Rifd Plastics Company commenced the construction activities for its Plastics Compounding Factory which will be built on 15,000 m2 land area in Jubail Industrial City. The factory was designed to produce 15,000 tons of compounded polymers. The project will be funded via SIDF (50%) and Investors with related experience …
Rifd Industry Company was among the invitees for the annual gathering of Saudi businessmen under the patronage and the attendance of H.R.H Prince Saud bin Nayef, the governor of KSA eastern region. The event gave us a great opportunity to meet and great many businessmen and high rank government figures.
Rifd Industry Company has participated in LME Week 2019 in London. The annual event has gathered many companies, organizations, authorities, investors, and experts in the field of heavy industries and trades. We were honored to be invited as international VIP guest in the LME Gala dinner which was considered the largest “black suits” event in …
Rifd Industry Company has participated in LME Week 2019 in London Read More »
Rifd Industry Company was honored to be among the invitees at the Australian ambassador’s house in diplomatic quarter in Riyadh city. We were glad to be among the executives in the metals and mining industries like the CEO of Ma’aden company, the Chairman of Cristal & the Vice Chairman of Tasnee Company, the Chairman of …
Rifd Industry Company via its subsidiary Rifd Plastics Company signed Letter of Intent (LOI) with Saudi Arabian Basic Industries Corporation (SABIC) at their headquarter in Riyadh city, KSA. The LOI dictates the full support and collaboration of SABIC to our Engineered Thermo-Plastics (ETP) Compounding Project that will be built in Jubail Industrial City, KSA.
Rifd Industry Company via its subsidiary Rifd Copper Company signed a Letter of Engagement (LOE) with KPMG to provide financial advisory and capital fund raising for its mega industrial projects.
Rifd Industry Company via its subsidiary Rifd Plastics Company receive the Construction Permit from Royal Commission (RC) – Industrial Land Authority. The permit will allow the commence of construction and erection activities for our Plastics Compounding Factory in Jubail Industrial City.
Rifd Industry Company held an official meeting with Saudi Industrial Development Fund (SIDF) pertaining the soft loan that will be provided to our Rifd Pipe Factory. SIDF provides up to 50% of total Capex. The meeting was attended by SIDF’s Technical, Marketing, and Credit teams.
Rifd Industry Company enters into an “Consortium Agreement” with ICONS Engineering Services (India) that posses a team of Professionals with Global experience in Oil & Gas, Petrochemical, Power, Chemicals and Fertilizer industries. The consortium between Rifd and ICONS has formed Rifd-ICONS Engineering Consult in Saudi Arabia to serve the local industries especially in eastern region. …
