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, 741 in KSA,
1,889 in International
3,630 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 Khaled Bin Abdullah Bin Abdulrahman Al Saud |
Directors |
- HRH Prince Turki Bin Mohammed Bin Fahed Bin Abdulaziz Al Saud
- Dr. Abdulaziz Saleh Al Jarbou
- Mr. Bader Abdullah Al Swaiden
- Mr. Fareed Y. Al-Khalawi
- Mr. Khalil Abdulfattah Kordi
- Mr. Sulaiman Abdullah Al Amro
- Mr. Sulaiman Abdulrehman Al Suhaimi
|
| MANAGEMENT |
Chief Executive Officer |
Dr. Solaiman Abdulaziz Al-Twaijri |
Assistant to CEO |
Mr. Wehbe M. Rafih |
Chief Financial Officer |
Mr. Khalid I. Al Rabiah |
Vice President,
Arabian Peninsula |
Mr. Abdullah A. Al-Madi |
Vice President, MENA |
Mr. Sahal Jamal Allil |
Vice President,
NEA |
Mr. Khaled Al-Kordi |
Vice President, NAW |
Mr. Hartmut Ludwig |
Vice President,
Water Management |
Mr. Wehbe M. Rafih |
Vice President,
Corporate Services |
Mr. Ahmed Al-Gothmi |
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 consultancy and engineering services.
- Manufacture and supply of polymer products.
|
Brands |
- FLOWTITE
- AMIREN
- AMIPOX
- C-TECH
- AMIPLAS
- VECTUS
- MEYER POLYCRETE
- DUCTECH
|
Manufacturing Locations: |
- Algeria,
- Argentina,
- Brazil,
- Egypt,
- Germany,
- India,
- Italy,
- Kazakhstan,
- 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 |
31-12-2006 |
31-12-2007 |
Currency |
SAR'000 |
SAR'000 |
Net Sales |
2,659,134 |
3,101,752 |
Net profit |
20,820 |
64,102 |
Total assets |
3,661,276 |
4,060,456 |
Paid-up capital |
1,155,000 |
1,155,000 |
Shareholders' Equity |
1,195,503 |
1,320,166 |
Shares outstanding |
115,500 |
115,500 |
| OTHERS |
Auditors |
Al-Juraid & Company
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
SABB |
Law Firms |
In-house Legal Counsel |
|