PIC signs distribution agreement with RAI
Following the contract with Equate, RAI also became the authorized distributor of PIC – Petrochemical Industry Company, a Kuwait Petroleum Corporation (KPC) subsidiary, covering UAE and Oman.
In just 3 decades, with an entrepreneurial approach and a superior service culture, RAI has grown from an independent local distributor to a world-class, globally successful polymer distribution specialist, offering a wide product portfolio. Over time, RAI has acquired other companies and expanded into multiple product areas. Through the decades, we have adapted to keep pace with evolving markets and the needs of our customers.
1998
Following the contract with Equate, RAI also became the authorized distributor of PIC – Petrochemical Industry Company, a Kuwait Petroleum Corporation (KPC) subsidiary, covering UAE and Oman.
1997
RAI entered a distribution contract with Equate Petrochemical from Kuwait, a cornerstone contract that has endured the test of time and is in place until today.
1996
RAI shows its commitment to quality and the ability to consistently provide products and services to its customers.
1996
RAI started distribution in Oman market.
1991
SABIC signs RAI as its distributor for the UAE, a testament to our capabilities and motivation.
1990
Rakha Al Khaleej International LLC, founded in Dubai, UAE to support distribution of Polymer products in GCC and Yemen.
2009
In partnership with some local businessmen in Brazil, Polydist starts its journey in Latin America.
2008
This acquisition demonstrates to the market that the company was there to stay, fully committed to its customers, suppliers, and long-term growth.
2008
RAI continues to add infrastructure in the Middle East to offer alternative to its core suppliers.
2008
RAI opens office in Shanghai to further expand its business in China.
2006
RAI chooses Polydist®, an easy name that clearly expresses its core activity, polymer distribution, as the brand to grow its operation internationally.
2006
Further strengthening its presence in that country.
2006
RAI acquires 50% of Resin Trade, a well-established polymer distributor in the UK, starting its journey in the European market.
2005
RAI surpasses over 100 million dollars in sales and reaffirms its commitment to continued growth.
2003
RAI was the 1st Polymer Distributor in the Middle East to use credit insurance, now a common practice in the industry.
2003
RAI expands its reach outside of the GCC with its first full-fledged subsidiary in India.
2000
RAI celebrated its first decade.
2000
Marks the start of RAI’s international growth journey and the establishment of own warehouse.
2019
Modern facility adjacent to its main warehouse. More comfort and efficiency for its team member
2019
Opal is a multibillion joint venture between Oil and Natural Gas Corporation (ONGC), the largest E&P company in India.
2019
Borouge is the world’s largest integrated polyolefin complexes in Al Ruwais Industrial City, UAE. Becoming Borouge distributor in its local market is a validation of RAI’s value addition to suppliers.
2018
The SABIC polymer portfolio is known for its outstanding physical properties. Strength, durability, and heat resistance, making it suitable for demanding applications. A major step into RAI’s strategic growth into engineering polymers and specialties.
2016
SASO Certificate of Conformity complying with all the specifications outlined in the Saudi markets.
2015
Chevron JV in KSA, Saudi Polymers
2015
PE produced in the Wilton, UK as well as imported from other Sabic sites becomes part of the distribution portfolio.
2015
2015
Rebrands it to Polydist Benelux.
2015
Part of the strategy to become a pan European polymer distributor.
2015
RAI completes 25 years of service excellence in its domain.
2014
2014
The strategic actions come together an RAI quickly reaches 300 million dollars in sales.
2014
Seoul office is open to establish a strategic sourcing position for the global markets.
2013
Novapet technical PET grades becomes part of the product offering in UK and Ireland
2013
As a result of the focus, dedication and commitment to growth RAI reaches 200 million dollars in sales.
2012
With local warehousing for prompt delivery, RAI further expands its offerings in the GCC.
2012
UK trade association representing the plastics industry since 1933.
2012
Representative offices are opened in Houston, TX and New York, NY
2011
Mr. Said Al Naqeeb transitions from the role of CEO to that of a board member. Mr. Henry Roth, an experienced and tried professional, the former President of Dow Chemical Middle East, is hired as the new CEO.
2011
Reaffirms its commitment to quality products and services.
2011
RAI sets foothold in the second largest polymer import country in the world, continuing its international expansion.
2010
Diversifying the portfolio to better service its customers, RAI starts a compounding facility to producer enhancers for film and blow molding applications.
2010
RAI celebrated its second decade in the business.
2023
New logo, website and overall image is launched.
2023
An important move for RAI’s growth in the India market.
2023
RAI celebrated its 33rd year in business in March with a global meet of RAI employees
2022
A strategic position for the international growth strategy.
2022
Additional infrastructure in the GCC to support regional customers and suppliers.
2022
Exclusive sales arm of Sipchem in the GCC (minus KSA).
2022
Refocus on a global growth strategy.
2021
Eduardo Contreiras bring over 25 years of experience in the international petrochemical industry.
2020
A reinforced vision, purpose and a global spirit