AB:2230 SAUDI CHEMICAL

Saudi Chemical Company, together with its subsidiaries, primarily engages in the trading of medicines in the Kingdom of Saudi Arabia and internationally. It operates in Explosives; Medicines and Medical Supplies; and Production of Ammonium Nitrate segments. The company is involved in the retail and wholesale trading of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, and food products, as well as hospitals and medical centers supplies, and its related spare parts; the managing and owning of medicinal research and development; import, export, wholesale, and retail trade in industrial equipment; and providing technical support services in explosions. Its products include E*Star electronic detonators that are used in various blasting applications in the mining, quarrying, and construction industries; Kemulex, an aluminized and water-based emulsion explosive for trench, hard rock, underwater, presplitting and smooth, and underground blasting; Pentolite cast Boosters, which are detonation pressure explosives; PRILLEX, a pilled form explosive for blasting in various rock formations under dry conditions; and PRILLEX AK, a water resistant pilled form explosive for blasting in various rock formations under wet conditions. In addition, the company provides Enviroseis, an explosive for use in seismic shooting; SANEL, a non-electric shock tube initiation system for general purpose, surface, tunneling, and underground blasting; Seismic Star II for the initiation of seismic explosives; detonating cords for the initiation of blasts; and DEM-S millisecond electric detonators. Further, it offers accessories comprising electric blasting machines, measurement instruments, and cables and other accessories. The company's explosives are used for civil and military purposes. Saudi Chemical Company was founded in 1972 and is based in Riyadh, Saudi Arabia.

34.85 SAR
As of 01/26/2022


Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Health Care
Industry:  Conglomerates
Index country:  Saudi Arabia
Country of incorporation:  Saudi Arabia
IPO date:  10/25/2016
Stock exchange:    Saudi Stock Exchange
Exchange country:   Saudi Arabia
Market cap:   2,938,551,808 SAR
Current dividend yield:   1.41%
Sedol:      B132HG4

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