Farabi Petrochemicals
Hussain Al Mahmoud currently serves as the Treasury & Tax Section Head at Farabi Petrochemicals since February 2024, following nearly two decades at Saudi Paper Group where roles included Group Treasury Supervisor and Zakat and Tax Section Head. Hussain has contributed significantly to the development and implementation of a structured Chart of Accounts, as well as standardizing payment processes. Experience encompasses generating financial reports, managing financial systems, overseeing accounting functions, executing month-end and year-end obligations, and ensuring compliance with tax regulations. Hussain holds a Bachelor of Science degree in Management Science with a major in Accounting from KSU, Riyadh, completed in 2005.
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Farabi Petrochemicals
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Farabi Petrochemicals Company is the largest producer of Liner Alkyl Benzene (LAB) in Middle East. Farabi started operations with its 1st integrated Normal Paraffin (NP) and Linear Alkyl Benzene (LAB) complex in 2006 at Jubail, Saudi Arabia. Farabi’s 2nd NP and LAB complex in Yanbu and its Downstream derivatives complex in Jubail are under construction and will be commissioned by mid of this year. This capacity expansion will propel Farabi to become one of the largest producers of NP and LAB in the world. Farabi portfolio will grow substantially to 1 MTPA of various products categories and grades once commissioning of new facilities completed. Farabi Jubail complex will produce industrial surfactants and additive products for heavy fuel treatment, lubes, heat transfer fluids, mining and oil field applications for the first time in Saudi Arabia. As a strong market focused organization with its own direct marketing and logistics capability, Farabi is planning to market the products in its existing and new markets through its established and growing customer segments.