Gulf Petrochemical Industries Company (GPIC) is the only petrochemical producing company headquartered in the Kingdom of

Bahrain Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an ...

and sells its products both locally and exports to other gulf countries and beyond, including U.S., China, India, Pakistan among others. GPIC is jointly owned by three major governmental institutions, namely, Bapco energies from the Kingdom of Bahrain, SABIC Agri-nutrient Investments from the Kingdom of Saudi Arabia, and Petrochemical Industries Co. (PIC) from the State of Kuwait. Established with a paid-up capital of $160 million, the Company employs 420 people of whom 92% are Bahrainis. Its operations that involve natural gas purchases, employment and training of Bahraini nationals, utilization of local contractors, power consumption and other financial and commercial operations inject around $270 million annually into the national economy. GPIC uses natural gas which is available locally, as a basis for the production of ammonia, urea and methanol, which are its sole products. It produces:

Ammonia Ammonia is an inorganic compound of nitrogen and hydrogen with the formula . A stable binary hydride, and the simplest pnictogen hydride, ammonia is a colourless gas with a distinct pungent smell. Biologically, it is a common nitrogenous was ...

Methanol Methanol (also called methyl alcohol and wood spirit, amongst other names) is an organic chemical and the simplest aliphatic alcohol, with the formula C H3 O H (a methyl group linked to a hydroxyl group, often abbreviated as MeOH). It is a ...

, and

Urea Urea, also known as carbamide, is an organic compound with chemical formula . This amide has two amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest amide of carbamic acid. Urea serves an important r ...

Corporate management

The company’s Board of Directors comprises representatives from the three shareholding states and is chaired by H.E. Eng. Kamal Bin Ahmed Mohammed The company’s executive management is led by Yasser A.Rahim Alabbasi as the Chief Executive Officer (CEO).

References

{{Authority control Petrochemical companies Oil and gas companies of Bahrain 1979 establishments in Bahrain