Takween Advanced Industries (1201.SR) SAU

Currency In SAR

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Takween Advanced Industries

Address

Al Othman Office Towers

Al Khobar, Eastern Province 31952

Saudi Arabia

Phone

966 13 8534 355

Sector

Consumer Cyclical

Industry

Packaging & Containers

Employees

4374

First IPO Date

February 11, 2012

Key Executives

NameTitlePayYear Born
Majed Mazen Rasheed NofalChief Executive Officer01972
Mohamed AbdelrasoolChief Financial Officer0N/A
Waseem KaimkhaniGroup IT Head0N/A
Ahmad Ali Al-ZayyatManager of Investor Relations, Legal Affairs & Secretary0N/A
Jeroen van der MeerChief Operating Officer0N/A
Mohammad F. MustafaGroup Head of Internal Audit0N/A
Mohammed MansourTreasury Director0N/A
Abdulkareem Al-BannaChief Sourcing Officer0N/A
Nisar AhmedChief Financial Officer0N/A
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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.

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