GPIC (Gulf Petrochemical Industries Company)
Gulf Petrochemical Industries Company was established in December 1979 as a joint venture between GCC member states for the manufacture of fertilizers and petrochemicals. The joint venture is equally owned by Bahrain Nogaholding Company, Saudi Basic Industries Corporation, and Petrochemical Industries Company, Kuwait.
GPIC, a corporate social responsibility company, uses natural gas as a feedstock for the production of 1,200 tonnes daily of Ammonia, 1,700 tonnes daily of Urea and 1,200 tonnes daily of Methanol. In addition to the production plants the GPIC Complex, which was built in Sitra on a reclaimed island of 60 hectares, comprises utilities plants, maintenance workshops, offices, stores and laboratories. The company employs approximately 500 people of whom 92% are Bahrainis.
GPIC’s products are exported all over the world for various uses. During 2014 GPIC exported 70,228 tonnes of Ammonia, 698,272 tonnes of high grade Granular Urea and 459,438 tonnes of Methanol; 2015 is expected to exceed these figures.