Takween Advanced Industries Company is one of the leading companies in the basic materials sector in the Kingdom of Saudi Arabia. Its core business is the manufacturing of plastic packaging products through four subsidiaries that produce preforms, plastic bottles of various sizes, bottle and container caps, and packaging systems. These subsidiaries also manufacture plastic bags, cups, and films to meet the needs of local and regional markets. In addition, as a non-core activity, Takween holds a 30% stake in a Saudi associate company specialized in producing nonwoven fabrics used in healthcare, industrial, and medical sectors, such as surgical drapes and medical garments, further enhancing the company”s diversified portfolio and its ability to meet various demands. Takween is an ambitious company that continuously strives to develop its products and services in line with market needs, reinforcing its position as a trusted partner in the manufacturing sector.
Company History
Takween Advanced Industries Company was established in 1993 in the Kingdom of Saudi Arabia under the name Al Othman Plastic Products Factory. Since then it has grown to become one of the leading industrial companies in the region in the field of plastic products manufacturing. The company has expanded through key strategic milestones including the establishment of SAAF in 2002 for the production of nonwoven fabrics and the acquisition of several companies such as Ultrapak and Savola enabling it to diversify its product range and enhance its production capabilities. In 2012 the company was listed on the Saudi Stock Exchange Tadawul which provided it with greater financial flexibility and supported its continued expansion. Takweens current capital stands at SAR 764646060 divided into 76464606 ordinary shares. Today Takween owns a group of subsidiaries including Saudi Plastic Packaging Systems Company Al Sharq Plastic Industries Company in Saudi Arabia and New Marina Plastic Industries Company in Egypt.
Company Bylaws
Equity Profile
- Authorized Capital  (^)764,646,060
- Issued Shares76,464,606
- Paid Capital  (^)764,646,060
- Par Value/Share10
- Paid Up Value/Share10
Last Update :2024-02-14
Investment limits
the companys shares are not subject to any restrictions as confirmed by the rules for qualified foreign financial institutions investing in listed securities and the instructions for strategic ownership by foreign investors. this is in accordance with the companys articles of association and the applicable regulations issued by the relevant supervisory and regulatory authorities.
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
- Date Established1993/10/21
- Financial Year End31/12
- Listing Date2012/02/07
- External Auditors[Al Kharashi & Co Forvis Mazars]
- ISIN CODESA130G50IOH8
- Number of Employees800
Investor Relations
Contact Name:
Moaaz Shakra
Company Address:
16th Floor, Al Othman Towers, King Saud Bin Abdulaziz Road, P.O. Box 2500, Al Khobar 31952
Contact Details:
Telephone: 0138534313
Fax : –
Email : [email protected]
