Nama Chemicals is a leading chemical company with a rich history. It was founded in 1951 in Kuwait.
The company has a strong presence in the Middle East and North Africa region, with a wide range of products and services. Nama Chemicals is a trusted name in the industry.
Nama Chemicals has a diverse portfolio of products, including fertilizers, agrochemicals, and industrial chemicals.
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Business Operations
Nama Chemicals operates in the chemical and petrochemical industries, with a focus on investing, owning, and establishing industrial projects.
Their production capacity is significant, with the Jana project producing 120,000 t of epoxy resins per year.
The Soda project is another notable operation, producing 50,000 t of caustic soda pearls annually.
The company's industrial projects also include the Hasad project, which operates with a production capacity of 250,000 t per year.
This includes the production of various chemical products, such as epichlorohydrin, caustic soda, chlorine, and calcium chloride.
Company Structure
Nama Chemicals has a robust management team, led by Saud Abdul Aziz Al Gosaibi as the chairman and Fahad Al Otaibi as the president.
The company's board members include Khalifa Al-Mulhem, Mohammed Al-Bahar, Khalid Al-Rawaf, and Sultan K. Al-Turki.
Kamal Mohammed Fatayerji serves as the CEO, while Faisal Al Tutairi is the Vice President of Administration and Industrial Services.
Management
The company has a strong management team in place, led by Saud Abdul Aziz Al Gosaibi as the chairman.
Fahad Al Otaibi serves as the company president, overseeing the overall direction of the organization.
Khalifa Al-Mulhem, Mohammed Al-Bahar, Khalid Al-Rawaf, and Sultan K. Al-Turki make up the rest of the board members.
Kamal Mohammed Fatayerji is responsible for leading the company as its CEO.
Faisal Al Tutairi holds the position of Vice President of Administration and Industrial Services.
Revenue from the sales of epoxy form the core of the company's activities, with a worldwide market share of 6%.
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Shareholders and Finance
Nama Chemicals Company has seen significant growth in its sales, increasing by 400% from 2003 to 2008, reaching $170 million.
In 2017, NAMA announced a recovery plan after making losses in previous quarters.
During the downturn of the ME stock market in 2017, NAMA was one of the two petrochemical companies to not lose points, instead increasing by 9.1%.
Nama Chemicals Company's financial stability is a testament to its robust business strategy and effective management.
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Subsidiaries of Company:
Nama Chemicals Company has a robust subsidiary structure, which plays a crucial role in its overall success.
Nama Chemicals Company has several subsidiaries, each with its own unique focus and expertise.
The Jana project, a subsidiary of Nama Chemicals, is a notable example of the company's commitment to innovation and growth. It produces epoxy resins with a production capacity of 120,000 t per year.
Al-Jubayl Chemical Industries Company (Jana) is a subsidiary of Nama Chemicals, specializing in the production of all types of epoxy resins. Its production capacity has increased three times consecutively to meet growing market demand.
Arabian Alkali Company (Soda) is another key subsidiary of Nama Chemicals, utilizing technology from Bertrams of Switzerland to produce caustic soda products. Its factory operates at more than its designed production capacity.
Nama Europe, established in the Canton of Bern, Switzerland, serves as a hub for high-value products and marketing programs in European Union countries.
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