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nama chemicals co (2210) Details

NAMA Chemicals Company, together with its subsidiaries, owns, establishes, operates, and manages petrochemical and chemical projects in the Kingdom of Saudi Arabia and internationally. It products include epoxy, a thermosetting polymer; and anhydrous caustic soda, an indispensable inorganic chemical, which is used in various applications by a range of industries in chemical production, petroleum and natural gas processing, textile finishing process, cleaning products, food processing, beverages, pharmaceutical, and municipal water and sewage treatment. It also produces epichlorohydrin, a reactive organic compound that is used in the production of epoxy resins, phenoxy resins, and other polymers, as well as a solvent for cellulose, resins, and paints; and other chemical products, such as calcium chloride, hydrochloric acid, and sodium hypochlorite. NAMA Chemicals Company was founded in 1992 and is based in Jubail, the Kingdom of Saudi Arabia.

Founded in 1992

nama chemicals co (2210) Top Compensated Officers

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nama chemicals co (2210) Key Developments

NAMA Chemicals Company Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

NAMA Chemicals Company announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net loss of SAR 28.36 million compared to a net profit of SAR 9.54 million for the same quarter ended June 30, 2013. For the six months, net loss was SAR 43.23 million, or SAR 0.34 loss per share, compared to a net loss of SAR 15.88 million, or SAR 0.12 loss per share, for the same period ended June 30, 2013.

NAMA Chemicals Company, Annual General Meeting, Jun 04, 2014

NAMA Chemicals Company, Annual General Meeting, Jun 04, 2014., at 16:00 Arabian Standard Time. Agenda: To consider and approve the Board of directors for the year 2013; to consider and approve the report of the auditors of the company, budget and profit and loss account for the year 2013; to discharge of the members of the Board of Directors for their actions to the end of 2013; to consider and approve the company's choice of auditor and the candidate by the Audit Committee for the financial year 2014 and to review the annual financial statements and quarterly and determine his fees; to consider the Boards decision to appoint Mr. / Adnan Abdullah bliss instead of resigning member Professor / Khalifa Abdul Latif Al-Melhem; to consider and approve the policies, standards and specific procedures for membership in the Board of Directors; and to consider the amendment in the rules for the Nomination and Remuneration Committee regarding the terms of membership, to delete the phrase.

NAMA Chemicals to Launch Commercial Production at Expanded Epoxy Unit

NAMA Chemicals announced that it plans to launch trial production at its expanded epoxy unit on April 1, 2014. The unit, operated by NAMA's subsidiary, Jubail Chemical Industries Company has doubled its annual output to 120,000 tonnes as a result of the expansion. The expanded unit started trial production in early October 2013.

 

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