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Amiantit in brief
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SAUDI ARABIAN AMIANTIT COMPANY

BASICS

Company Name

Saudi Arabian Amiantit Company 

Company Type

Joint Stock 

Country

Saudi Arabia 

Ownership Type

Publicly Listed 

Sector / Industry

Building & Construction

Date of Establishment

13th June 1968

No. of Employees

1,871 in KSA,
2,032 in International
3,903 in total

 

ADDRESS DETAILS

Area

1st Industrial Area Dammam

P.O. Box

 589

City

 Dammam

City Suffix

 31421

Country

 Saudi Arabia

Tel

 +966 3-847-1500

Fax

 +966 3-847-1645

Fax

 +966 3-847-1398

Email

 info@amiantit.com

Website

 www.amiantit.com

 

LEGAL STRUCTURE

The Saudi Arabia Amiantit Company is a Saudi Joint Stock Company and its shares are traded at Saudi Stock Exchange.

 

BOARD OF DIRECTORS

Chairman

HH Prince Ahmad Bin Khaled Bin Abdullah Bin Abdulrahman Al Saud

Directors

  • HRH Prince Turki Bin Mohammed Bin Fahd
    Bin Abdulaziz Al Saud
  • Dr. Khalil A. Kordi
  • Dr. Abdulaziz Saleh Al-Jarbou
  • Mr. Sulaiman Al-Suhaimi
  • Mr. Sulaiman Al-Amro
  • Mr. Bader Abdullah Al Suwaidaen
  • Mr. Abdulaziz Abu-Al-Saud
  • Dr Solaiman A. Al-Twaijri

 

MANAGEMENT

Chief Executive Officer

Dr. Solaiman Abdulaziz Al-Twaijri

Vice President, Finance and Administration

Mr. Wehbe M. Rafih

Vice President,
Arabian Peninsula

Mr. Abdullah A. Al-Madi

Vice President, MENA & NEA

Mr. Khaled Al-Kordi

Vice President, NAW

Mr. Hartmut Ludwig

Vice President, 
Water Management

Mr. Khaled Al-Kordi

Chief Internal Auditor

Mr. Ghassan Loutfi

Legal Advisor

Mr. Deha Sezer / Mr. Waleed Abu-Kishk

 

OPERATIONS

Main Activities

The company’s core business activities are:

  • Manufacturing and sale of pipe systems and storage tanks.
  • Ownership and sale of pipe technologies.
  • Provision of water management, engineering services and supply of treatment plants.
  • Manufacture and supply of polymer products.

Brands

  • FLOWTITE
  • AMIREN
  • AMIFIBRE
  • AMIPOX
  • C-TECH
  • VECTUS
  • MEYER POLYCRETE

Manufacturing Locations:

  • A
  • lgeria,
  • Argentina,
  • Brazil,
  • Egypt,
  • Germany,
  • India,
  • Italy,
  • Kazakhstan,
  • Libya,
  • Mexico
  • Morocco,
  • Oman,
  • Poland,
  • Qatar,
  • Saudi Arabia,
  • South Africa,
  • Spain,
  • Turkey,
  • UAE

Sales Offices:

  • Austria,
  • Azerbaijan,
  • Bahrain,
  • Bulgaria,
  • Croatia,
  • Estonia,
  • France,
  • Greece,
  • Italy,
  • Lithuania,
  • Mexico,
  • Mozambique,
  • Norway,
  • Romania,
  • Serbia & Montenegro,
  • Sweden,
  • Turkmenistan,
  • Ukraine

 

FINANCIALS

Year end/fiscal year 

31-12-2007

31-12-2008

Currency

SAR'000

SAR'000

Net Sales

3,101,752

4,026,437

Net profit

64,102

235,321

Total assets

4,060,456

4,503,799

Paid-up capital

1,155,000

1,155,000

Shareholders' Equity

1,320,166

1,486,735

Shares outstanding '000

115,500

115,500

 

OTHERS

Auditors

PricewaterhouseCoopers Al Juraid
M. Al-Amri & Company

Banks

SAMBA Financial Group
Banque Saudi Fransi
Saudi Hollandi Bank
National Commercial Bank
Riyadh Bank
Al-Rajhi Bank
Bank Al-Jazira

Law Firms

In-house Legal Counsel

 

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