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Ikarus Petroleum Industries K.S.C.C.
Touristic Enterprises Bulding 1st Floor
Jahra Street
Phone: +965 24965885p:+965 24965885 Shouweikh, 13005  Kuwait Fax: +965 24965886f:+965 24965886
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
Ikarus Petroleum Industries Co K.S.C.C, a subsidiary of National Industries Company Holding SAK, is a Kuwait-based company that operates in the chemical and petrochemical industries. The Company primarily invests in the energy and petrochemicals manufacturing industries in the Middle East. The Company holds major shares in petrochemical manufactures, including Sipchem, which is a private sector petrochemicals manufacturing company based in Saudi Arabia that manufactures Methanol and Derivatives, Carbon Monoxide, Butanediol and solvents; International Acetyl Co. involved in the Acetic Acid production; International Vinyl Acetate Co., which specializes in the manufacture of Vinyl Acetate Monomer, and Tasnee, which is a Saudi Arabia-based manufacturer of Polypropylene. The Company also invests its excess fund in securities portfolios managed by other specialized companies.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201612/31/2015Yes----

Industries
SIC Code Description
2869 Industrial organic chemicals, not elsewhere classified
2819 Industrial inorganic chemicals, not elsewhere classified
6289 Services allied with the exchange of securities or commodities

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Nader H.Al Issa
Chief Executive Officer and Member of the Board Suhail Y.Abu Grais
Deputy Chairman of the Board Adel K.Al Sabeeh
7 additional Officers and Directors records available in full report.

Business Names
Business Name
IKARUS
Ikarus Petroleum Industries K.S.C.C.

General Information
Outstanding Shares: 779,574,082 (As of 9/30/2016)
Shareholders: 1,971
Stock Exchange: KUW
Fax Number: +965 24965886


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Saturday, July 22, 2023