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With the wealth of projects underway in Saudi Arabia, Construction Week finds 10 companies with the potential to play a key role in the supply chain.
1- Sabic
Sabic’s business lies in the manufacture of chemicals, fertilizers, plastics and metals. Sabic, the Saudi Basic Industries Corporation, states it is the largest and most profitable non-oil company in the Middle East, and one of the world’s five largest petrochemicals manufacturers.
It is involved in the manufacture of chemicals, fertilisers, plastics and metals. It is a public company based in Riyadh. The firm says that “when it comes to making business decisions our ethical commitments are just as important as economic factors.” The Saudi Arabian government owns 70% of its shares, and the remaining 30% are held by private investors in Saudi Arabia and other countries within the GCC.
www.sabic.com
2- Al Kifah Batching Plant
Al Kifah Batching Plant is the building supplies wing of the Al Kifah Holding Company. The firm, based out of its plant in the Eastern Province of KSA manufactures mobile, portable and static concrete batching and mixing plants and accessories including aggregate sand washing plants, cement silos, radial and static conveyors and electric control panels.
The company says it has plants operating “in most Middle East countries,” and adopts “the latest innovative design techniques, allowing many combinations to suit different specifications and environmental considerations.” The Al Kifah Holding Company, based in Saudi Arabia, started its activities in 1980 as the manufacturer and supplier of construction machinery and earth moving equipment.
www.alkifah.com
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3- RMD
RMD Kwikform is currently involved in a push to further its Saudi Arabian business.
RMD Kwikform provides formwork and shoring solutions to the global construction industry. It is a UK headquartered company with operations in 15 countries, including all GCC markets. It has offices in Saudi Arabia, UAE, Qatar, Bahrain, Lebanon, Oman and Kuwait. Director James Dewar says the firm is currently involved in a push to take advantage of the burgeoning Saudi Arabia construction market.
The company is going to be based out of Jeddah, Riyadh and Al Khobar, and has secured three out of five properties from which to base itself. “We already have a number of full time staff in place in Saudi Arabia,” Dewar says. The group focuses on the construction supply chain, and “the impact each link of the chain can have on the overall project.”
www.rmdkwikform.net
4- Al Muhaidib Building Materials
Al Muhaidib Building Materials (MBM) is one of the largest importers, stockists, wholesalers and retailers of building materials to the construction industry in the Saudi Arabia market, with an emphasis on steel and timber products.
The firm says it has “long-standing experience and association with the major suppliers of timber and steel products throughout the world.” In Saudi Arabia MBM has over 400,000m2 of warehousing space in 50 locations, which allows it to cover all of the large cities and towns across the country. MBM is a member of the AK Al Muhaidib and Sons group of companies. The group started out over 40 years ago in the eastern region of Saudi Arabia, and today is comprised of over 20 individual companies operating throughout Saudi Arabia, the GCC, and further afield.
www.mbm.com.sa
5- Zamil Steel
Zamil Steel Industries announced positive financial results earlier this year for 2008 Zamil Steel Industries is involved in the design, manufacture, and supply of pre-engineered steel buildings. It offers structural steel works for industrial applications, such as electrical power plants, petrochemical plants, desalination plants, steel mills, and high rise buildings.
The company announced the results of its consolidated financial statements for last year in February. Net profits for the year were US $60 million (SAR 225.1 million) compared to $55 million for the same period in 2007, an increase of 9%. Zamil Steel Industries was founded in 1977 and is headquartered in Dammam.
www.zamilsteel.com
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