XSAU
2160
Market cap226mUSD
Nov 12, Last price
19.10SAR
Name
Saudi Arabian Amiantit Company SJSC
Chart & performance
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Profile
The Saudi Arabian Amiantit Company, alongside its various subsidiaries, specializes in the manufacturing and distribution of a diverse range of pipes and related goods across Saudi Arabia, Europe, and international markets. The company operates through two primary divisions: Pipe Manufacturing and Technology, and Water Management. Its product offerings include different types of pipe systems, such as glass-reinforced polyester, vinylester, and epoxy pipes, as well as ductile iron pipes, while also developing and licensing associated technologies. Amiantit manufactures and supplies both underground and aboveground tanks—including those for water, chemicals, septic systems, and fuel—designed for both residential and industrial use. These tanks are available in various configurations, including ribbed, non-ribbed, single-wall, and double-wall designs, with installation services also provided. Additionally, the company produces a variety of complementary items: rubber rings and gaskets for pipes and fittings; grommets and bushes for anti-vibration and compression mounting in air conditioning systems; duct sealing units for HVAC applications; insulation tubes and sheets for thermal management in refrigeration, heating, ventilation, and air conditioning; and industrial valves specifically for water systems. Furthermore, it offers manholes for the inspection, maintenance, ventilation, cleaning, and flushing of drains and sewers, as well as for housing pumping stations and inlet drain pits. Fiberglass products are another key offering, utilized across numerous sectors such as piping, tanks, transportation, construction, marine, electrical/electronic, wind energy, consumer goods, and aerospace. Beyond products, the company provides water management, consultancy, and engineering services. Its clientele spans municipal and urban development projects, industrial applications, oil and gas operations, water transmission and distribution networks, and water well industries. Incorporated in 1968, The Saudi Arabian Amiantit Company's main office is located in Dammam, Saudi Arabia.
Key people
Non-Executive Chairman of the Board · since 2009
Chief Executive Officer, Managing Director, Executive Member of the Board
Turki Al Saud
Non-Executive Vice Chairman of the Board · since 2009
Pierre Sommereijns
Director of Finance and Accounting
Abdullah Al Baz
Chief Operating Officer, AP
Walid Al Madi
Vice President Sales and Marketing, AP
Wehbe Rafih
Chief Financial Officer and Vice President, Finance and Administration
Deha Sezer
Legal Advisor
Nasser Al Humeid
Head of Human Resources
Ali Al Muqeit
Public Relations Manager
Tomas Anderson
Technology Director
Ejaz Malik
Chief Internal Auditor
Walid Abu Kishk
Secretary of the Board of Directors · since 2024
Suleiman Al Amro
Non-Executive Member of the Board
Abdul Aziz Al Jarbou
Non-Executive Member of the Board
Khalil Kurdi
Non-Executive Member of the Board
Suleiman Al Suhaimi
Non-Executive Independent Member of the Board
Badr Al Suwaidaen
Non-Executive Independent Member of the Board
Non-Executive Independent Member of the Board
Valuation
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