What Takween Advanced Industries Co. does

Takween Advanced Industries Co. (Tadawul: 1201) is a Saudi Arabia-domiciled, publicly listed industrial manufacturer founded in 1993 by Mohammed Abdullah Zaid Al-Othman. The company produces plastic packaging products - PET preforms, plastic bottles, closures, shrink films, plastic crates, pallets, flexible packaging, and industrial plastic products - through its wholly owned Saudi Plastic Packaging Systems Company and Saudi Company for Plastic Industries subsidiaries. Takween also operates the Advanced Fabrics Factory Company (SAAF) for nonwoven fabrics serving food packaging and medical/healthcare applications; in 2025-2026 it received GAC approval to acquire JOFO Nonwovens' 70% stake in SAAF, which will give Takween 100% control of the subsidiary.

The company serves a horizontal B2B customer base across food, beverage, personal care, industrial, agriculture, logistics, and medical/healthcare end-markets in Saudi Arabia with regional GCC/Middle East export reach. Its go-to-market is direct enterprise sales of manufactured goods; pricing is quote-based and not publicly disclosed. Revenue is generated through hardware sales of physical packaging units and nonwoven fabric rolls, with no software, subscription, or services component identified in the source data.

Operationally, Takween is in a financial-restructuring phase. The company carries accumulated losses of SAR 519.378M, and its board has recommended a 67.92% capital reduction (from SAR 764.65M to SAR 245.27M) followed by a planned SAR 400M rights issue. Concurrent initiatives include a new SAR 500M Shariah-compliant sukuk program arranged by Impact46 and a 2024 SAR 300M rights issue that lifted share capital to SAR 764.6M. The 2025-2026 governance refresh (Sixth Term board, new Audit Committee) and the late-2025 inability to publish FY2025 results on time further signal that the company is in active turnaround rather than expansion mode.

Name

Takween Advanced Industries Co.

Legal name

Takween Advanced Industries Co.

Website

https://takweenai.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Takween Advanced Industries (Tadawul: 1201) is a Saudi-based B2B manufacturer of plastic packaging (PET preforms, bottles, closures, films, crates, pallets) and nonwoven fabrics, serving food, beverage, personal care, industrial, agriculture, logistics, and medical customers in Saudi Arabia and the wider GCC.

Ownership category

akta.pro rank

Product category

Plastic Packaging Manufacturing

NAICS

Plastics Product Manufacturing (3261), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing (32611)

SIC

Plastics Products, Nec (3089), Miscellaneous Plastics Products (3080)

akta.pro primary industry

PET Bottles & Preforms (IMALAAAA)

akta.pro secondary industries

Plastic Caps, Closures & Dispensing Systems Manufacturing (IMANAEAB), Flexible Plastic Packaging (Bags, Pouches, Sachets) Manufacturing (IMANAEAC), Thermoformed Packaging (Food, Beverage & Consumer Goods) (IMANAHAA), Industrial & Heavy-Duty Flexible Packaging (Construction, Chemicals, Liners) (IMALABAJ), Industrial & Protective Thermoformed Packaging (Dunnage, Trays, Clamshells) (IMANAHAC)

Keywords

• Plastic packaging manufacturing
• PET preforms and bottles
• Nonwoven fabrics production
• Flexible packaging films
• Industrial plastic containers

Headquarters

HQ city

Khobar

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, Marketing or Sales

Revenue model

1. Plastic Packaging Products: Manufacturing and direct sale of plastic packaging solutions including PET preforms, plastic bottles, closures, shrink films, plastic crates, pallets, flexible packaging, and industrial plastic products to businesses across diverse industries including food, beverage, personal care, industrial applications, agriculture, and logistics.
2. Nonwoven Fabrics: Production and sale of nonwoven fabrics through Advanced Fabrics Factory Company (SAAF), serving sectors from food packaging to advanced medical applications. Upon completing the acquisition of JOFO's 70% stake, Takween will own 100% of SAAF.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Takween Advanced Industries manufactures plastic packaging products — including PET preforms, plastic bottles, closures, shrink films, plastic crates, pallets, flexible packaging, and industrial plastic items — and produces nonwoven fabrics through its subsidiary SAAF. Output is sold to business customers in the food, beverage, personal care, industrial, agricultural, logistics, and medical sectors.

Product overview

Takween Advanced Industries Co. is a Saudi-based manufacturer offering a unified portfolio of high-performance plastic packaging solutions through its specialized subsidiaries. The product portfolio centers on core plastic packaging products including PET preforms, plastic bottles, closures, shrink films, plastic crates, pallets, flexible packaging, and industrial plastic products—all designed to serve diverse industries (food, beverage, personal care, industrial, agriculture, and logistics). The company also operates Advanced Fabrics Factory Company (SAAF), a subsidiary producing nonwoven fabrics for applications from food packaging to medical uses. The products are marketed as innovative, eco-friendly, and smart sustainable solutions that help businesses enhance efficiency, protect product integrity, and strengthen brand identity.

Differentiator

Problem solved

Functional benefit

Products and services

• PET Preforms Polyethylene terephthalate preforms used by beverage and food bottlers as the input for stretch-blow molded bottles. Sold as a finished intermediate plastic product.
• Plastic Bottles Finished plastic bottles produced via blow molding for industrial customers in food, beverage, and personal care markets.
• Closures Injection-molded plastic caps and closures sold to bottlers and container fillers as a complement to bottle and preform supply.
• Shrink Films Polyolefin shrink films used for collation, bundling, and secondary packaging of consumer and industrial goods.
• Plastic Crates Heavy-duty reusable plastic crates sold to logistics, beverage, and agricultural customers for material handling and product distribution.
• Pallets Plastic pallets produced for warehouse, logistics, and industrial customers as a durable alternative to wooden pallets.
• Flexible Packaging Flexible plastic packaging films and laminated structures sold to food, personal care, and industrial customers for primary and secondary wrapping applications.
• Industrial Plastic Products Custom and standard industrial plastic items produced for B2B customers across logistics, agriculture, and industrial sectors.
• Nonwoven Fabrics Spunbond/meltblown nonwoven fabrics produced via subsidiary Advanced Fabrics Factory Company (SAAF), sold to converters and end-users in hygiene, medical, agricultural, and industrial wiping applications.

Quantifiable outcome

• Serving industries in Saudi Arabia and beyond across food, beverage, personal care, industrial applications, agriculture, and logistics sectors

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• JOFO Nonwovens Co. Ltd.coreStrategic or Co-development Partner · 1 January 2020In 2020, Takween entered into a strategic partnership with JOFO Nonwovens Co. Ltd., selling 70% of its stake in Advanced Fabrics Factory Company (SAAF) while retaining 30% as a strategic partner. The partnership opened new avenues for global collaboration while maintaining Takween's significant presence in the nonwoven fabrics sector. In December 2025, Takween announced signing a MoU to acquire JOFO's 70% stake, and in July 2026 received no-objection from Saudi GAC to complete the acquisition of 129,360 shares (full 70% stake), which will give Takween 100% ownership of SAAF.

Scale indicators10 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• ALPLA Group: Austrian-headquartered global manufacturer of rigid plastic packaging (PET preforms, bottles, closures) serving food, beverage, personal care and household customers. Closest functional peer to Takween's PET preforms and bottles business and directly competes in Middle East markets.
• Retal Industries: PET preform and bottle manufacturer with production across the MENA region, Eastern Europe and the CIS. Comparable to Takween on core rigid plastic packaging products and on regional/MENA geographic footprint.
• AptarGroup: Global leader in dispensing systems, closures and sealing solutions for beverage, personal care, food and healthcare packaging. Closely comparable to Takween's closures and rigid plastic packaging product lines, especially in personal care and food applications.

Broad incumbents

• Sipchem (Saudi International Petrochemical Company): Saudi-listed petrochemicals and plastics producer serving packaging and industrial end-markets. Overlaps with Takween in plastic raw materials and downstream polymer packaging applications within Saudi Arabia.
• Amcor: Global flexible and rigid packaging producer serving food, beverage, personal care and healthcare end-markets. Directly comparable to Takween's flexible packaging and PET bottle/closure portfolio, with similar customer types in FMCG.
• SABIC: Saudi-listed global petrochemicals giant supplying polymers (PE, PP, PET resins) into packaging value chains. Operates broadly upstream and downstream of Takween and is a key supplier to Saudi plastic packaging converters.
• Berry Global Group: Major global plastic packaging manufacturer with products spanning rigid containers, flexible films, tapes and engineered materials. Comparable to Takween across PET bottles, films and industrial plastics at much larger global scale.

Regional players

• Gulf Packaging Industries: Saudi/Gulf-based packaging manufacturer producing flexible packaging, plastic containers and films for regional FMCG customers. Comparable to Takween's flexible packaging segment and competes for similar GCC food and beverage customers.
• Arabian Plastic Industrial Company: Saudi Arabia-based manufacturer of plastic products serving food packaging, agriculture, and industrial segments. Regional competitor to Takween across rigid plastic containers and industrial plastic products in the GCC.

Others

• National Petrochemical Company (NPC) / Equate Petrochemical: Kuwait/Persian Gulf-based petrochemical producers manufacturing plastic resins (PE, PP) used in packaging. Adjacent value-chain participant relevant to Takween as both a comparator for plastic manufacturing in the GCC and as an upstream supplier to packaging converters.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 Takween Advanced Industries Co.