Arabian Plastic Industrial Company

Name

Arabian Plastic Industrial Company

Legal name

Arabian Plastic Industrial Company Limited

Website

https://www.apico.com.sa

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Industrial Plastics Manufacturing

NAICS

All Other Plastics Product Manufacturing (326199), Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615)

SIC

Plastics Foam Products (3086), Miscellaneous Plastics Products (3080)

akta.pro primary industry

Rigid Plastic Containers (Bottles, Jars, Jugs) Manufacturing (IMANAEAA)

akta.pro secondary industries

Industrial & Machinery Injection Molded Components (Gears, Wear Parts) (IMANAFAF), Industrial & Protective Thermoformed Packaging (Dunnage, Trays, Clamshells) (IMANAHAC)

Keywords

• Plastic manufacturing
• Industrial packaging
• Expanded polypropylene
• Custom molded plastics
• Ventilation components

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Plastic Products Manufacturing and Sales: Manufacturing and sale of plastic industrial products including Expanded Polypropylene (EPP) products, with dividend payments to shareholders indicating profitability

Core offering

Arabian Plastic Industrial Company (APICO) manufactures and sells plastic packaging, containers, and custom-molded industrial components from its base in Jeddah, Saudi Arabia. The company is expanding its production capacity into specialized Expanded Polypropylene (EPP) products and is localizing the manufacturing of ventilation and air conditioning components through partnerships with K.K. Nag and Air International Thermal Systems.

Product overview

Arabian Plastic Industrial Company (APICO) is a plastic manufacturing company listed on TADAWUL (stock code: 9548). The company operates in the plastics industrial sector, producing various plastic products. According to available sources, the company is pursuing production capacity expansion through partnerships, including agreements to establish a specialized Expanded Polypropylene (EPP) products plant and to localize manufacturing of ventilation and air conditioning products.

Differentiator

Problem solved

Functional benefit

Products and services

• Plastic Packaging and Containers Plastic packaging and containers manufactured by APICO for industrial buyers in Saudi Arabia and the wider Middle East.
• Custom-Molded Industrial Plastic Components Custom-molded plastic industrial components produced for industrial customers as part of APICO's plastics manufacturing offering.
• Expanded Polypropylene (EPP) Products Specialized Expanded Polypropylene (EPP) products planned for manufacture via a partnership plant with K.K. Nag, targeting industrial buyers requiring advanced polymer products.
• Ventilation and Air Conditioning Components Locally manufactured ventilation and air conditioning components developed in partnership with Air International Thermal Systems, intended for industrial and HVAC buyers in Saudi Arabia.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• K.K. NagcoreStrategic or Co-development Partner · 11 February 2026Signed non-binding MoU with K.K. Nag to explore cooperation and establish a specialized plant for Expanded Polypropylene (EPP) products as part of production capacity expansion plans.
• Air International Thermal SystemscoreStrategic or Co-development Partner · 11 February 2026Signed separate non-binding MoU with Air International Thermal Systems to cooperate on localizing the manufacturing of ventilation and air conditioning products.

Scale indicators4 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Napco National: Saudi Arabia-headquartered packaging manufacturer producing plastic, paper, and corrugated packaging for industrial and consumer markets. Directly comparable to APICO's rigid plastic packaging and container operations, with similar customer base of Saudi FMCG and industrial buyers.
• Alujain Corporation: Saudi-listed petrochemicals and plastics company with downstream plastic products manufacturing. Operates in the same Saudi plastics industrial complex and targets overlapping packaging and industrial customer segments as APICO.

Broad incumbents

• Sipchem (Saudi International Petrochemical Company): Saudi-listed petrochemicals producer with downstream plastic and polymer products. Comparable as another TADAWUL-listed Saudi petrochemicals competitor with overlapping polymer and plastics end-markets.
• Borouge: UAE-based petrochemicals joint venture (ADNOC and Borealis) producing polyethylene and polypropylene with infrastructure plastics applications. Comparable as a major GCC polyolefin producer whose pricing and supply dynamics directly affect APICO's input economics.
• National Industrialization Company (TASNEE): One of Saudi Arabia's largest petrochemical and plastics producers, listed on TADAWUL, with significant downstream plastics and packaging exposure. Comparable as a Saudi-listed plastics incumbent operating across the same value chain as APICO.
• Saudi Kayan Petrochemical Company: Saudi petrochemicals producer (SABIC affiliate) manufacturing polymers and downstream plastic products. Comparable as a Saudi-listed player in the same plastics value chain and competing for industrial customers.
• Advanced Petrochemical Company: Saudi-listed polypropylene producer with downstream plastics exposure. Comparable as a TADAWUL-listed Saudi petrochemicals company operating in polypropylene, the key feedstock for APICO's plastic manufacturing.
• Saudi Basic Industries Corporation (SABIC): Saudi Arabia's flagship petrochemicals producer and a global plastics resin supplier with downstream plastic products. Comparable as the dominant Saudi plastics producer whose feedstock allocation and scale shape the competitive environment APICO operates in.

Regional players

• Taghleef Industries: UAE-headquartered manufacturer of flexible packaging films and polypropylene-based products serving global markets. Comparable as a GCC-based polypropylene film/packaging manufacturer with overlapping end-customers, though operating from a different geography.
• National Plastic Industries (NPI): UAE-based plastic packaging manufacturer producing rigid containers and industrial plastic products for the GCC market. Comparable as a regional rigid plastics manufacturer with similar product mix, though primarily UAE-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/apico_ksa
• Facebookfacebook.com/apicoksa
• LinkedInlinkedin.com/company/apicoksa

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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 Arabian Plastic Industrial Company