Alwasail Industrial Company
TTADAWUL:41482.50
SAR
-0.12
(-4.58%)
Alwasail Industrial Company
TADAWUL:4148
(Saudi Exchange)
Recent
price
2.50
P/E
ratio
22.38
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Alwasail Industrial Company, founded in 1979 and headquartered in Buraydah, Saudi Arabia, operates as a leading producer and supplier of polyethylene pipes and fittings, serving irrigation, drinking water, wastewater, gas and oil transport networks, telecom ducts, and related accessories; the group also includes Saudi Rubber Products (SRP), which manufactures rubber seals and related components, and engages in foam production for insulation purposes through its affiliates. The company’s portfolio comprises HDPE and LDPE pipes and fittings, irrigation equipment, telecom ducts, drinking water piping solutions, gas and oil piping systems, as well as accessories, clamps, valves, and tooling; its manufacturing footprint spans Saudi Arabia and other Gulf markets, with distribution through contractors and retailers in regional markets. Recent developments include expansion through the acquisition of new plant capacity and facilities in the Qassim region to boost production capacity and operational efficiency, as well as ongoing investments in new extrusion lines and support infrastructure to broaden product offerings and improve supply reliability; the company has pursued strategic partnerships and capacity enhancements to strengthen its position in pipe and fitting markets while pursuing cost efficiencies and geographic expansion. The business is organized into segments focused on pipe production, fittings and accessories, irrigation solutions, and related rubber products, with regional customer bases comprising irrigation projects, water utilities, telecommunications networks, and industrial gas and oil transport clients. Alwasail maintains a diversified product line including barbed and compression fittings, butt-welding and electrofusion products, pressure pipes, turf and agriculture fittings, and associated tools and accessories, along with modular turnkey solutions for pipeline systems. The company reports on a standards-driven manufacturing approach, adhering to international quality norms to meet the needs of public and private sector customers across the Middle East and North Africa region. As a publicly traded entity on the Saudi Exchange (Tadawul) under the symbol 4148.SR, Alwasail maintains a governance framework aligned with listed-company practices, with a focus on technology-driven manufacturing, product safety, and customer service excellence.