Al Qaryan Group

What Al Qaryan Group does

Al Qaryan Group (AL QARYAN GROUP FOR TRADING INDUSTRY AND CONTRACTING) is a privately held Saudi closed joint stock company founded in 1988 and headquartered in Dammam, Saudi Arabia, that operates an integrated industrial recycling and circular-economy platform. Through nine wholly-owned subsidiaries the group collects, sorts, and processes ferrous metals, non-ferrous metals, e-waste, and plastics from industrial and civil sources across 15+ recycling facilities and three production plants, manufacturing steel billets (450,000 tons/year), copper products (70,000 tons/year), and recycled plastic pellets (PP, LDPE, HDPE). Supporting units include an integrated dismantling, demolition, and recycling contracting arm serving oil & gas, petrochemical, cement, power, and water utilities; a pipes, valves, and resalables distribution arm; an in-house logistics fleet; a prefabricated portacabin unit approved by Saudi Aramco, NEOM, and SABIC; and Al Qaryan International, a UAE-headquartered B2B commodity trading subsidiary with representative offices in China, Europe, and the USA that handles 95% of plastic pellet exports. Group throughput exceeds 1.5 million tons of recycled material annually across 30+ markets.

The group monetizes through a mix of transaction-fee recycling services, hardware sales of finished steel, copper, and plastic products, professional services for dismantling and logistics, and international commodity trading. Enterprise contracts are signed directly with major Saudi industrial clients including Saudi Aramco, NEOM, Ma'aden, SWCC, Saudi Electricity Company, and SABIC, alongside EPC contractors, cement manufacturers, and electricity sector buyers. Operations are vertically integrated — induction furnaces at the steel plant run on internally sourced recycled scrap, the plastic plant extrudes pellets from collected waste, and the trading arm distributes output globally. The company carries group-level ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, has won Best Recycling Company at the Middle East Waste and Recycling Awards (MEWAR) for six consecutive years, and explicitly aligns its strategy with Saudi Vision 2030 and the Saudi Green Initiative. The 2025 launch of the Q-MASAR digital transformation program and a 2025 financing agreement with Saudi National Bank for a Jeddah dismantling project indicate ongoing capital deployment and operating leverage from existing assets.

Name

Al Qaryan Group

Legal name

AL QARYAN GROUP FOR TRADING INDUSTRY AND CONTRACTING

Website

https://alqaryan.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Al Qaryan Group is a Saudi closed joint stock company founded in 1988 that operates an integrated industrial recycling platform — collecting scrap and producing steel billets, copper products, and recycled plastic pellets — serving oil & gas, petrochemical, power, construction, and EPC clients across 30+ markets.

Ownership category

akta.pro rank

Product category

Industrial Recycling Services

NAICS

Materials Recovery Facilities (56292), Materials Recovery Facilities (562920), Recyclable Material Merchant Wholesalers (42393)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Metals Recycling & Processing (Ferrous/Non-Ferrous) (BPALADAF)

Keywords

• Industrial recycling services
• Metal scrap processing
• Industrial dismantling contracting
• Recycled steel manufacturing
• Commodity trading metals

Headquarters

HQ city

Dammam

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Recycling Services: Collection, sorting, and processing of recyclable materials including ferrous metals, non-ferrous metals, e-waste, and plastics from industrial and civil operations
2. Steel Billet Manufacturing: Production and sale of steel billets/rebar from recycled steel scrap, with capacity of 450,000 tons annually
3. Copper Products: Manufacturing and sale of copper products including busbars, earthing strips, copper rod, wires, and ingots with 70,000 tons annual capacity
4. Plastic Pellets and Flakes: Production and sale of recycled plastic pellets (PP, LDPE, HDPE) and flakes, with 95% export and 5% domestic sales in 2024
5. Industrial Pipes and Resalables: Sale of pipes, HR coils & plates, valves & fittings, and resalable industrial equipment to contractors in oil & gas, water, construction, energy, and transportation sectors
6. International B2B Commodity Trading: Global trading of semis, refined metals, ferrous, non-ferrous metals, plastics, and minerals through Al Qaryan International with $M annual turnover
7. Dismantling and Demolition Services: Engineering-driven industrial dismantling and demolition contracting services for factories, plants, and major industrial sites
8. Logistics Services: Transportation and logistics services for material transport within supply chain, including fleet capacity for recycled material transport across Saudi Arabia

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Al Qaryan Group operates integrated industrial recycling and circular economy operations, collecting, sorting, and processing ferrous metals, non-ferrous metals, e-waste, and plastics from industrial and civil operations across over 15 recycling facilities and 3 production plants. The Group manufactures finished products from these recycled inputs, including steel billets (450,000 tons/year capacity), copper products (70,000 tons/year capacity), and recycled plastic pellets (PP, LDPE, HDPE). It also provides engineering-driven dismantling and demolition services for industrial facilities, logistics services, international commodity trading, and prefabricated portable cabin manufacturing.

Product overview

Al Qaryan Group operates a diversified industrial ecosystem centered on recycling and circular economy principles. The core offering is Al Qaryan Recycling (AQR), which serves as the central hub collecting and processing ferrous metals, non-ferrous metals, e-waste, and plastics. This feeds into three manufacturing plants: Al Qaryan Steel Factory (AQS) producing steel billets from recycled scrap, Al Qaryan Copper Factory (AQC) manufacturing copper products for the electricity sector, and Al Qaryan Plastic Factory (AQP) producing recycled plastic pellets and flakes. Supporting operations include Al Qaryan Integrated Dismantling, Demolition & Recycling Contracting (DRC) for industrial decommissioning, Al Qaryan Pipes & Re-salables (PRS) for industrial piping and fittings distribution, Al Qaryan Logistics (AQL) for transportation and fleet services, Al Qaryan International (AQI) for global B2B commodities trading, and Al Qaryan Portacabin (AQPC) for portable cabin manufacturing. The Group processes over 1.5 million tons annually across 15+ recycling facilities and 3 production plants, operating in 30+ global markets.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 1.5 million tons of materials recycled annually
• +5 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Four partnerships are on record, tiered strategic, minor and core.

• Ministry of Industry and Mineral ResourcesstrategicOthersMr. Abdullah Duwairm, General Supervisor of the Deputy Agency for Industrial Facilities Affairs at the Ministry of Industry and Mineral Resources, visited Al Qaryan Group's Copper Plant. The visit reflects the Ministry's commitment to supporting the industrial sector and showcasing the strong partnership between government entities and national enterprises in achieving Saudi Vision 2030 goals.
• Saudi German HospitalminorStrategic or Co-development PartnerAl Qaryan Group organized a blood donation campaign in collaboration with Saudi German Hospital as part of corporate social responsibility initiatives. The campaign aimed to raise awareness about the importance of blood donation and received strong participation from employees.
• Petro RabighminorStrategic or Co-development PartnerAl Qaryan Group participated in a mangrove plantation initiative with Petro Rabigh as part of environmental sustainability and corporate social responsibility efforts.
• Major Industrial Clients (Oil & Gas, EPC, Petrochemical, Cement)coreOthersAl Qaryan Group serves major industrial clients including oil & gas operators, EPC contractors, petrochemical plants, cement factories, and power utilities for decommissioning, dismantling, and recycling services. Clients include Saudi Aramco, NEOM, Ma'aden, SWCC, Saudi Electricity Company, and SABIC.

Scale indicators11 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• Sims Metal Management: Global metals recycling company with operations across North America, UK, and Australasia. Processes ferrous and non-ferrous scrap at scale, directly comparable to Al Qaryan's recycling and processing operations across multiple geographies.
• EMR Group (European Metal Recycling): UK-based global metals recycler operating across multiple continents with integrated scrap processing facilities. Comparable to Al Qaryan's multi-material recycling platform with global market reach.
• Commercial Metals Company (CMC): US-based metals recycler and steel manufacturer with vertical integration from scrap collection through finished steel products. Operates a similar circular-economy model to Al Qaryan, with global recycling facilities and steel minimills.
• Radius Recycling (formerly Schnitzer Steel Industries): One of North America's largest metals recyclers, operating ferrous and non-ferrous scrap processing and steel manufacturing. Comparable to Al Qaryan in the integrated recycling-to-finished-product model, though with much larger scale and geographic footprint.
• D.H. Griffin Wrecking Company: US-based industrial demolition, dismantling, and recycling contractor serving industrial and commercial clients. Comparable to Al Qaryan's DRC subsidiary in engineering-driven dismantling and decommissioning services for industrial facilities.

Broad incumbents

• SABIC (Saudi Basic Industries Corporation): Saudia Arabia's largest industrial company and a key customer of Al Qaryan. While primarily petrochemicals-focused, SABIC's steel subsidiary (Hadeed) and broader industrial footprint make it the closest broad incumbent in the Saudi industrial ecosystem.
• Ma'aden (Saudi Arabian Mining Company): Saudia Arabia's national mining and metals champion operating across aluminum, copper, and other metals. Listed as a major customer of Al Qaryan, but also a broad incumbent in metals processing that competes for downstream industrial demand.

Emerging players

• Umicore: Belgian materials technology and recycling company specializing in precious metals recovery, e-waste processing, and battery materials recycling. Comparable to Al Qaryan's e-waste recycling operations and circular-economy positioning, though focused on higher-value specialty metals.
• Aurubis: European copper recycler and processor producing copper products from recycled and primary materials. Comparable to Al Qaryan's new Copper Factory operations, though at much larger scale and with global footprint.

Regional players

• Saudi Iron and Steel Company (Hadeed): SABIC subsidiary and Saudi Arabia's largest steel manufacturer, producing steel long products from iron ore and scrap. Comparable as a regional competitor to Al Qaryan Steel Factory in serving Saudi steel demand, though Hadeed is a primary integrated producer rather than scrap-based.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AlqaryanGroup
• YouTubeyoutube.com/@alqaryangroup5438
• LinkedInlinkedin.com/company/al-qaryan-group
• Facebookfacebook.com/AlQaryanGroupDammam

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al Qaryan Group