Petrochemicals investor · Kuwait
An investor in the Middle East energy industry.
Ikarus is an investor in the Middle East energy industry. Led by a team of experienced industry professionals, the company is a major shareholder in a growing portfolio of petrochemicals manufacturing operations.
Major holdings
Major shares in leading petrochemical manufacturers.
Strategic, long-term stakes in some of the largest private-sector petrochemicals manufacturers in the Gulf, alongside a foundational shareholding from National Industries Group.
Sipchem
Saudi Arabia
One of the largest private-sector petrochemicals manufacturers in Saudi Arabia. Sipchem's product slate includes Methanol and Derivatives, Carbon Monoxide, Butanediol and solvents.
sipchem.com →Tasnee
Saudi Arabia
Major producer of Polypropylene, and biggest shareholder in Cristal — a leading global producer of Titanium Dioxide. Founded 1985.
tasnee.com →National Industries Group
Kuwait
NIG is the oldest and largest public-sector industrial company in Kuwait. NIG founded Ikarus and remains a major shareholder.
nig.com.kw →Announcements
Latest communications to shareholders.
A chronological record of corporate, financial and governance announcements issued by Ikarus.