Industrial Companies in Kuwait | List of Top 10 Industry Companies
The list will inlude the list of major non-petrochemical industrial companies in Kuwait. The industry in Kuwait is dominated by the petrochemical industry (for the list of听petrochemical industry companies follow the link).
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According to NBK Capital the industrial sector鈥檚 share of Kuwait鈥檚听total GDP remains small, at under 10%. The break up of the听sector is (Refining industry 27%, Construction Industry 21%, Manufacturing Industry 22% and Chemicals 10%)
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The list will inlude the list of major non-petrochemical industrial companies in Kuwait. The industry in Kuwait is dominated by the petrochemical industry (for the list of petrochemical industry companies follow the link).
According to NBK Capital the industrial sector鈥檚 share of Kuwait鈥檚听total GDP remains small, at under 10%. The break up of the听sector is (Refining industry 27%, Construction Industry 21%, Manufacturing Industry 22% and Chemicals 10%)
There are 29 companies listed on the Kuwait Stock Exchange listed under industrial companies with a total market capitalization of in 2011 including the petrochemical industry companies. The majority of the largest industrial players are subsidiaries of larger family owned conglomerates. The bulk of the non-petrochemical industry is centered around cement and building material industries.
Major challenges for the industry is accessibility to land, red tape, infrastrucuter bottlnecks, 听
Top Industrial Companies in Kuwait
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Alghanim Industries is one of the largest privately-owned companies in the Gulf region, predominantly in Kuwait. A multinational company in outlook with operations in 40 countries, Alghanim Industries is a multi-billion dollar conglomerate with more than 30 businesses.
Assets: Estimate USD 5-10 billion.
National Industries Group Holding (NIG) is one of the largest listed investment hodling companies in Kuwait. It was established in 1984. Today, NIG manages several and manifold activities in investment and shares, in Building Materials, Petrochemicals, Oil & Gas Services, Mechanical Industries, Utilities, Real estate Infrastructure, and Financial Services. Major shareholders include听M.A. Kharafi and Sons Company.听
Industrial Subsidiaries: –
The Company has achieved continuous success and increasing profits. It works in the field of manufacturing building materials and concrete pipes for infrastructure uses. It also produces plastic pipes and fittings and extracts rocks. The Company relies on 1,200 employees to manufacture and market its different products in local and regional markets.听
The company’s scope of services includes providing real estate听& industrial services,听executing leisure听& tourism projects, and owning shares in companies specialized in logistics business, construction, real estate, fisheries and livestock, in accordance with Islamic Shariat.听
Industrial Subsidiaries: (MENA Steel Manufactruing and Trading, MENA Industrial Projects Group)
Assets: Estimate USD 1 billion
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United Industries Company (UIC) Established in 1979 is a closed shareholding company based in the State of Kuwait. It was listed on Kuwait Stock Exchange (KSE) in 1997.UIC invests in the downstream industries sector in Kuwait and the GCC states. The Company’s authorized and paid up capital is KD 49,546,875 (USD 175,232,000). Part of KIPCO. The company is involved in petrochemical industry.
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ACICO Industrial is the largest manufacturer of Autoclaved Aerated Concrete (AAC) in the 博鱼体育娱乐平台 East. It produces blocks, lintels, slabs, and reinforced structural components. ACICO AAC plants are located in the State of Kuwait, United Arab Emirates, Kingdom of Saudi Arabia and Qatar. The group has multiple business activities such as , , , .
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Gulf Cable & Electrical Industries Co. KSC was established in 1975 with the objective of meeting growing local requirements and to provide users with quality wires and cables.
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Heavy Engineering Industries & Shipbuilding Co. (K.S.C.) HEISCO is a major Engineering, Procurement and Construction (EPC) Contracting company based in Kuwait with a diversified range of business in Oil and Gas, Petrochemicals, Power, Pressure Equipment Manufacturing, Shipbuilding and Repair, Dredging & Marine Construction, Major Civil Construction, Maintenance and other industrial services including Heavy Industry projects.
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For the .
The 2 Top Cement Producers can be Clasified as Industrial Companies.听
Kuwait Cement听company supplies the building, contracting, sonstruction, road, municiplalities, government, bridge and waterworks trades with high quality cement).
Trading through import & export of loose and packaged of all types of cement. Erection, operation management and rental of stores required for all kinds of cement for distribution. To own all means of transportation necessary for the company’s activities. Trading in construction materials. Investing the surplus funds in financial portfolios managed by specialized institutions.