Gulf Petrochemical Industries Company was established in December 1979 as a joint petrochemicals. The joint venture is equally owned by the Government of the Kingdom of Bahrain, Saudi Basic Industries Corporation, and Petrochemical Industries Company, Kuwait.
GPIC uses natural gas which is readily available in Bahrain as a feedstock for the production of 1,200 tonnes daily of Ammonia (400,000 tonnes per annum), 1,700 tonnes daily of Urea (600,000 tonnes per annum) and 1,200 tonnes of Methanol (400,000 tonnes per annum). In addition to the production plants the GPIC Complex, which was built in Sitra on a reclaimed area of 60 hectares, comprises utilities plants, maintenance workshops, offices, stores and laboratories. The company employs 474 people of whom 80% are Bahrainis.
The company has a Board of Directors comprising representatives of the three shareholding states. The Board of Directors is chaired by HE Shaikh Isa bin Ali Al Khalifa, Advisor to His Highness the Prime Minister for Industrial and Oil Affairs and GPIC Chairman. The company's executive management is led by Mr. AbdulRahman Jawahery, General Manager.
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