Takween Advanced Industries Company Description
Takween Advanced Industries produces and sells plastic packaging products in the Kingdom of Saudi Arabia, the Arab Republic of Egypt, and internationally.
The company offers polyethylene terephthalate (PET) Preforms for bottle manufacturing in the food, beverage, and dairy industries; PET and HDPE bottles for dairy, beverages, food, and personal care applications; closures; and thermoformed, and In-Mold Labeling (IML) packaging solutions.
It also provides shrink films for food, beverage, and industrial applications; PS and PP sheet rolls; plastic crates and pallets; and flexible packaging solutions, include custom plastic bags for food, retail, and industrial applications; and specialized industrial plastic, including drums, Jerry cans, form-fill & seal (FFS) film, HDPE insulation film, and greenhouse plastic rolls.
In addition, the company provides disposable polystyrene cups, lids, and other plastic related products; and non-woven fabric products.
Further, it engages manufacture, wholesale, and retail trading of plastic containers and polyethylene cups, rolls, and bags; and management and operation of industrial centers.
Additionally, the company owns land; establishes industrial institutes, and provides and coordinates training courses related to the development of plastic products; and establishes, manages, operates, and maintains various industrial projects, as well as engages in the import and export, wholesale, and retail of plastic products.
The company was formerly known as Al-Othman Plastic Products. Takween Advanced Industries was founded in 1993 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.
| Country | Saudi Arabia |
| Founded | 1993 |
| Industry | Packaging & Containers |
| Sector | Consumer Discretionary |
| CEO | Majed Mazen Nofal |
Contact Details
Address: Al Othman Office Towers Al Khobar, 31952 Saudi Arabia | |
| Phone | 966 13 8534 314 |
| Website | takweenai.com |
Stock Details
| Ticker Symbol | 1201 |
| Exchange | Saudi Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | SAR |
| ISIN Number | SA130G50IOH8 |
| SIC Code | 3080 |
Key Executives
| Name | Position |
|---|---|
| Majed Mazen Nofal | Chief Executive Officer |
| Nisar Ahmed | Chief Financial Officer |
| Jeroen van Meer | Chief Operating Officer |
| Ahmad Al-Zayyat | Head of Investor Relations |