GPIC – Gulf Petrochemical Industries Co (BSC)
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 the Oil & Gas Holding Company B.S.C. (c) (nogaholding) in the Kingdom of Bahrain, SABIC Agri-nutrient Investments in the Kingdom of Saudi Arabia, and Petrochemical Industries Co in Kuwait.
GPIC, uses natural gas as a feedstock for the production of Ammonia, Urea and 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.
GPIC considers itself a role model in the protection of the environment and was the first industrial company to use practical demonstration projects to verify the environmental credentials of its operations. A fish farm, bird sanctuary, palm tree plantations and an herbal garden have been established at the GPIC site.