Sipchem, Zamil Group chairman Eng Abdulaziz Al-Zamil dies
Eng Abdulaziz Abdullah Al-Zamil was board chairman of Sipchem and chairman of conglomerate Zamil Group Holding Co
Board chairman and non-executive member of Saudi Arabia’s Tadawul-listed Sahara International Petrochemical Company (Sipchem) and chairman of Zamil Group Holding Company, Eng Abdulaziz Abdullah Al-Zamil, passed away on 6 October 2019.
In an Arabic-language stock market filing, Sipchem said: "Any updates on the appointment of a new chairman will be announced later.”
June 2019 saw Sipchem sign a deal with Saudi Aramco Shell Refinery Company (Sasref) — a joint venture between the world’s largest oil producer, Saudi Aramco, and Shell Saudi Arabia Refining — to produce hydrogen gas under a 20-year supply deal.
Sipchem — formerly known as Saudi International Petrochemical Company — completed its multibillion-dollar merger with Sahara Petrochemicals Company in May 2019, following which the firm adopted its current name.