Takween Advanced Industries (TADAWUL: 1201)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
11.70
+0.26 (2.27%)
Oct 10, 2024, 3:15 PM AST

Takween Advanced Industries Company Description

Takween Advanced Industries produces and sells plastic packaging products in the Kingdom of Saudi Arabia and the Arab Republic of Egypt.

It operates through Disposable Polystyrene Cups, Lids, Other Plastic Related Products; and Others segments.

The company offers polyethylene terephthalate (PET) pre-forms and bottles for water, juices, and other beverages, and home and personal care products; HDPE bottles and containers; and flexible packaging products, including plastic films and sheets.

It also provides caps and closures for the mineral water, soft drink, juice, dairy, and food industries; disposable white, semitransparent, and transparent polystyrene cups and lids for the beverage industry; and industrial crates, pallets, pails, buckets, plastic plates, cups, utensils, tables and chairs, and others, as well as drums.

In addition, the company offers non-woven fabrics comprising polypropylene spunbonded and spunmelt nonwoven products for use in consumer, medical, or industrial applications; the construction, automotive, home furnishings, and packaging sectors; and babies’ products, feminine care, etc., as well as gowns, drapes, and sterile wraps for medical applications.

Further, it engages in the manufacture and wholesale trading of films; 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.

Takween Advanced Industries
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 355
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