Nama Chemicals Company

Nama Chemicals Company is a Saudi public joint stock corporation listed on the Saudi Stock Exchange 'Saudi Tadawul'. It operates in the chemical and petrochemical manufacturing industry. It was established in 1992 and is headquartered in al-Jubayl Industrial City in the Eastern Province of the Kingdom of Saudi Arabia.

It was listed on 'Saudi Tadawul' on October 22, 1998, and its shares are traded on the main market under the basic materials sector, under the name (Nama Chemicals), symbol (2210), and International Securities Identification Number (ISIN) (SA0007879386). The company's capital is SAR235.2 million.

Nama Chemicals Company was established pursuant to Ministerial Resolution No. 719, dated January 5, 1992. The company established two industrial projects in al-Jubayl Industrial City: Jana Company for the production of a range of epoxy resins, and Soda Company for the production of caustic soda. It also established the third project, Hasad. These projects are wholly owned by Nama Chemicals. The company also holds stakes in other companies, such as Ibn Rushd and Yansab, which are affiliated with SABIC, in addition to 'NACIC' company in the Kingdom of Bahrain.

The company's activity depends on investing, owning, establishing, and operating industrial projects in the field of chemical and petrochemical industries, including the Jana project, which produces epoxy resins with a production capacity of 120,000 t per year. Additionally, the Soda project produces fifty thousand t of caustic soda pearls annually, and the Hasad project operates with a production capacity of 250,000 t per year of various chemical products, including epichlorohydrin, caustic soda, chlorine, and calcium chloride.

Nama Chemicals Company has invested in several companies, most notably the Arabian Industrial Fibers Company (Ibn Rushd), a closed joint stock company established under the leadership of SABIC and headquartered in Yanbu Industrial City. It produces polyester, pure terephthalic acid, and aromatics.

The company has also invested in Yanbu National Petrochemical Company (Yansab), a joint stock company established under the leadership of SABIC and its headquarters is in Yanbu Industrial City. It produces various petrochemical products, including ethylene, propylene, polyethylene, ethylene glycol, and other petrochemical products.

- Al-Jubayl Chemical Industries Company (Jana): It is a subsidiary of Nama Chemicals, it owns two projects: the Epoxy project, which specializes in producing all types of epoxy resins and marketing its products in local and global markets. (Jana) has continued to develop, modernize, and expand its plant to meet the growing demand in the markets, having increased its production capacity three times consecutively. The epoxy plant currently operates with a production capacity of 120,000 t per year.

- Arabian Alkali Company (Soda): This is the first of Nama's projects and uses technology from Bertrams of Switzerland. Its factory was established with a production capacity of fifty thousand t of caustic soda prills and solid soda. The plant now operates at more than its designed production capacity, and to meet the increasing demand for caustic soda products, Soda planned to increase its production capacity to one hundred thousand t.

- Nama Industrial Investment Company: A limited liability company established in 2007 in al-Jubayl Industrial City for the purpose of investing in the establishment, development, management, and operation of petrochemical, gas, and oil plants, as well as establishing industrial projects, generating, transmitting, and distributing electrical power, and executing mechanical and industrial projects.

- Nama Europe: Established in the Canton of Bern, Switzerland, as part of several steps taken by the company to provide high-value products with ambitious plans to enhance marketing programs and customer service in European Union countries.

- Nama Germany GmbH: Established specifically to serve customers in Germany and neighboring countries, handling all registration, evaluation, and authorization procedures for the chemical products of Nama, Jana, Soda, and Nama Europe companies.