RIFD Industry Group

RIFD Polymers

Focus on downstream value chain petrochemical industries with emphasis on Engineering Thermoplastics (ETP)

Our Work

Value Chain

Commodities vs. Specialty is the main subject now in plastic communities .. Rifd Industry Group via its Rifd Polymers Company 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 polymers

Future materials will come from Polymers. Germany claimed “Polymers” 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 Group via its Rifd Polymers Company is taking this golden opportunity to invest in downstream performance polymers and engineering thermoplastics industries utilizing the opportunity of the full integration of petrochemicals industries in Jubail Industrial City, Kingdom of Saudi Arabia.

Our Projects

Polymers Compounding

A B2B project for compounding engineering polymers based on customers needs and applications is under execution stage… the supply agreement obtained from top polymers producer in KSA …. project construction has been commenced at site area of 15,000 m2 in Jubail Industrial city, KSA …. main equipment and technology identify from Europe … off-take agreements signed …. the project is fully supported by Saudi Basic Industries Corporation (SABIC) via their ‘Nusaned’ program. Equity fund has been secure with a reputed investors and debt fun has been commenced with SIDF where they will provide soft loan up to 50% of total project capital cost.

Auto Parts

A project to produce some automotive parts produced from engineering thermoplastics is in development stage. There will be three main automotive manufacturers in Saudi Arabia, namely; LUCID, CEER, and SNAM. The project envisage to supply such major automotive manufactures with the required auto parts that can be produced using the injection molding process. The factory will be located in Jubail Industrial City, Saudi Arabia.

Polycarbonate Sheets

A project to produce PC Sheets is under development. The PC Sheets are mainly use in building and construction applications. The factory will be located in Jubail Industrial City, Saudi Arabia.

News and Events

Rifd Industry Company obtains Professional Investment License from MISA

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

Read More »

Rifd Industry Group via its Rifd Plastics Company resumes

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.

Read More »

One Success Leads to Another

We like to hear from Investors, Partners, Customers…