RIFD Industry Group
Focus on downstream value chain petrochemical industries with emphasis on speciality chemicals & polymers
Commodities vs. Specialty is the main subject now in petrochemical communities .. Rifd Industry Company via its Rifd–Petrochemical™ business sector strongly believes that both are important, as in petrochemicals, the value chain is the driver for the investment . Wherever value is created .. venture will be there.
We Like Petrochemicals
Future materials will mostly come from petrochemicals. Germany claimed “Plastics” are the materials of the 21st Century.
Saudi Arabia and some private sectors have hugely invested in petrochemicals but mainly in prime, basic, and upstream petrochemicals where as of today the total petrochemicals productions in KSA reached 150 million metric tones per annum…. Rifd Industry Company via its Rifd–Petrocemical™ business sector is taking this golden opportunity to invest in downstream and specialty petrochemicals industries utilizing the huge opportunity of full integration of petrochemicals industries in Jubail Industrial City, Kingdom of Saudi Arabia.
A project for producing Specialty Polymers & Chemicals is in an advanced development stage … the technology license is being discussed with various reputed technology providers. The main feedstock has been identified and are being secured from the authorities as well as from nearby petrochemical companies. Pre-marketing activities are on progress. The project land has been allocated by Royal Commission with total area of 70,000 m2 in Jubail Industrial city, Saudi Arabia.
Monomers and Comonomers
A project for producing special grade of monomers and comonomers is underway. The products are mainly used in polymers manufacturing industry. The process licensors are being sough where some discussions with potential technology licensors are on-going. The project will be located in Jubail Industrial city, Saudi Arabia.
News and Events
Rifd Industry Group via its RIFD ICON Engineering Company has obtained ISO-9001:2015 as part on of its quality management system in the category of “Engineering Consultancy, Procurement, and Project Managment Consutant (PMC).
Rifd Industry Company has received Professional Investment License from Ministry of Investment Saudi Arabia to open a joint-venture company with an Indian firm (ICON Industrial Engineering Services Private Limited). The JV company is called “Rifd ICON Engineering Company” which established under the law of Saudi Arabia will do many engineering services and consultancy in the
Rifd-Industry made Safety as well as Progress walkthrough in one of their projects that under the final stage of construction activities.
Rifd Industry Group via its Rifd Plastics Company resumes (as post COVID-19 activities) the construction activities for its Plastics Compounding Factory which located in Jubail Industrial City, KSA. The factory is designed to produce 15,000 tons of compounded engineering polymers. The factory will insha’Allah commissioned by Q1 of 2022.
Rifd Industry Group via its Rifd Copper Company has signed Letter of Engagement (LOE) with the global law firm Linklaters LLP to be the company’s legal advisor. Founded in 1838, Linklaters is a member of the “Magic Circle” of elite British-headquartered law firms. It currently employs over 2,900 lawyers across 30 offices in 20 countries.
Copper Smelter Project Status has been presented to His Excellency Eng. Osama bin Abdulaziz Al-Zamil
Rifd Industry Group via its Rifd Copper Company has the privilege to presentation Copper Smelter Project status to his excellency Eng. Osama bin Abdulaziz Al–Zamil, the vice minister of Industry and Mineral Resources, during his visit to Yanbu Industrial city, KSA. We are proud that our project was nominated by the Royal Commission among other
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