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 as per 31st of Dec. 2010 |
1,545 in KSA,
1,865 in International
3,410 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 Arabian AMIANTIT Company is a Saudi Joint Stock Company and its shares are traded at Saudi Stock Exchange since January 1996. |
| 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 & MD |
Dr. Solaiman Abdulaziz Al-Twaijri |
CFO & Vice President, Finance and Administration |
Mr. Wehbe M. Rafih |
Vice President Sales and Marketing, AP |
Mr. Walid Al-Madi
|
Vice President, NAW |
Mr. Hartmut Ludwig |
Chief Operating Officer, AP |
Mr. Abdullah Al-Baz |
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
- AMIPOX
- C-TECH
|
Manufacturing Locations: |
- Algeria,
- Egypt,
- Germany,
- India,
- Italy,
- Kazakhstan,
- Libya,
- Morocco,
- Poland,
- Qatar,
- Saudi Arabia,
- Spain,
- Turkey
|
Sales Offices: |
- Azerbaijan,
- Bahrain,
- Croatia,
- Estonia,
- France,
- Greece
- Italy,
- Lithuania,
- Norway,
- Romania,
- Serbia & Montenegro,
- Sweden,
- Turkmenistan
|
| Licensees: |
- Argentina,
- Australia,
- Colombia,
- Dubai,
- Brazil,
- Mexico,
- South Africa,
- USA
|
| FINANCIALS |
Year end/fiscal year |
31-12-2009 |
31-12-2010 |
Currency |
SAR'000 |
SAR'000 |
Net Sales |
3,292,885 |
3,077,498 |
Net profit |
202,475 |
165,102 |
Total assets |
4,056,103 |
4,070,904 |
Paid-up capital |
1,155,000 |
1,155,000 |
Shareholders' Equity |
1,886,256 |
1,879,261 |
Shares outstanding '000 |
115,500 |
115,500 |
| OTHERS |
Auditors |
BOUDAI & AL-OMAR, CPA |
Banks |
SAMBA Financial Group
National Commercial Bank
Al-Rajhi Bank
Banque Saudi Fransi
BNP Paribas
Riyad Bank
Gulf International Bank
Bank AlBilad
Al-INMA Bank
Bank Al-Jazira
SABB
Saudi Hollandi Bank
Albaraka Banking Group
|
Law Firms |
In-house Legal Counsel |
|
