PROFILE OF THE COMPANY:

 

Saudi Industrial Development Company (SIDC), Saudi Joint Stock Company established in 20/6/1413h corr. 14/12/1992g for the purpose of serving the industrial sector by setting industries in the field of petrochemicals, foodstuffs, salt, synthetical rubber, sanitary ware and other products with proven feasibility study. The Company’s head office located in Jeddah - Prince Mohammed Bin Abdul Aziz Street (Al-Tahliyah) - Casavia Building. The Company’s capital amounting SR. 400,000,000 (Four Hundred Millions Saudi Riyals) divided into 8,000,000 (Eight Millions) Share, with a nominal value of SR. 50 per share. The Company’s total shareholders until 2005 are about 140,000.

 

COMPANY`S ACTIVITIES :

SIDC Ceramic Plant

Saudi Industrial Development Co. (SIDC) owns SIDC Ceramic plant company's First project . Located on an area of 87,000 square meters in Yanbu Industrial City, and is considered to be a very modern Plant. The Plant produces high quality of ceramics sanitary wares, and acrylic Bathtubs. The total annual capacity of the plant is 500,000 pieces of sanitary ware and  100,000 of acrylic bathtubs.

SIDC METAL COATING Company

SIDC has participated in establishing SIDC Metal Coating Co. The Company's Capital is SR. 57,000,000 Shared among the Partners (SIDC 54%, Attiah Group 34% and Al- Nafia Co. 12% ) for the purpose of producing Metal Coating  with total annual capacity of 85,000 M/Ton.

Global Marketing Company For Sleeping Systems. Ltd. ( Sleep High )

 SIDC owns 50% of Global Marketing Company For Sleeping Systems. Ltd (Sleep High) , which is a pioneer company, producing mattresses of high quality.

Arabian Industrial Fabers Co. (Ibn Rushd)

 SIDC having shares equal 3.74% of Arabian Industrial Fibers Company (Ibn Rushd) , which represents 33.32% of the Capital of SIDC. Ibn Rushd has been established to produce Polyester in Yanbu Industrial City.

  

   
 


 

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