What Sanad Construction Resources does

Sanad Construction Resources (سند) is a Palestinian public shareholding company incorporated in 2016 and listed on the Palestine Exchange (PEX:SANAD) since February 2017, majority-owned by the Palestine Investment Fund (PIF). The company is the largest cement distributor in Palestine, with its Sanad Trading and Marketing subsidiary reportedly meeting approximately 65% of domestic cement demand through a wide distribution network spanning the West Bank and Gaza Strip. It operates a vertically integrated cement value chain across three wholly owned subsidiaries: Sanad Trading and Marketing (bulk and packed cement distribution), Jericho Cement Industry Co. (a filling and packing facility in Jericho operational since August 2018, with 500,000 tons annual capacity and storage for 10,000 tons of packed and 8,000 tons of bulk cement), and Amial Express (transportation services for bagged cement to West Bank markets).

The company's product portfolio comprises bulk cement imported primarily from Jordan and packed cement in multiple grades (Portland CEM I 52.5 N, Portland Composite CEM II 42.5 N/AM-SLV, Sulfate Resistant CEM III 42.5 N/B-SR) compliant with Palestinian and European standards. After-sales services include tank supply, spiral conveyors, integrated laboratory testing, weekly quality check-ups against PSI standards, and ready-mix concrete design consulting. A major capital project — the Cement Mill — targets approximately 1.3 million tons of annual domestic production capacity (estimated US$80M investment) to substitute imported cement, expected to cover nearly half of local demand and create 50–70 direct plus several hundred indirect jobs.

Sanad generates revenue through cement trading/import-and-resale margins, cement packing and sales, and transportation services, primarily serving the Palestinian construction sector (contractors, builders, developers), concrete and brick factories, and regional cement distributors. The business model is commodity-driven with competitive pricing from diversified import sources (Jordan's Northern Cement Co., Cementra) serving as the core go-to-market mechanism. Strategic partnerships with Al-Quds University (academic collaboration) and Projacs International (project management consulting) extend beyond core cement operations. Capital was raised from US$66M to US$69.3M in May 2018 via stock dividends, and the company underwent a capital restructuring in 2022 to absorb accumulated losses through recapitalization.

Name

Sanad Construction Resources

Legal name

Sanad for Construction Resources Public Shareholding Company Limited (شركة سند للموارد الإنشائية المساهمة العامة المحدودة)

Website

https://sanad.ps

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Sanad Construction Resources is a Palestinian public cement company, majority-owned by the Palestine Investment Fund, that distributes, packs, and plans to manufacture cement for the West Bank and Gaza construction sector through its Sanad Trading and Marketing, Jericho Cement Industry, and Amial Express subsidiaries.

Ownership category

akta.pro rank

Product category

Cement Manufacturing and Distribution

NAICS

Cement Manufacturing (327310), Cement and Concrete Product Manufacturing (3273)

SIC

Cement, Hydraulic (3241)

akta.pro primary industry

Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)

Keywords

• Cement manufacturing
• Cement distribution
• Construction materials supply
• Bulk cement trading
• Building materials logistics

Headquarters

HQ city

Gaza

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Cement Trading and Distribution: Sanad Trading and Marketing, the largest cement distributor in Palestine, meets approximately 65% of Palestinian market demand by importing and supplying large quantities of cement at competitive prices from multiple sources.
2. Cement Manufacturing: Jericho Cement Industry Co. packages and packs bulk cement imported from Jordan into bags for sale through distribution network.
3. Cement Transportation Services: Amial Express provides transportation services related to transfer of bagged cement to West Bank markets.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Sanad Construction Resources is a Palestinian public company that imports, packs, distributes, and manufactures cement for the local construction sector. Through its subsidiaries it serves as the largest cement distributor in Palestine (meeting approximately 65% of market demand) and operates the Jericho Cement Filling & Packing Line (500,000 tons/year) with a national Cement Mill project (1.3 million tons/year). It also provides bulk cement, packed cement of multiple types meeting Palestinian and European standards, and after-sales technical services.

Product overview

Sanad Construction Resources is a Palestinian public shareholding company established in 2016, primarily engaged in cement trading and manufacturing. The company operates through its subsidiaries: Sanad Trading and Marketing (the largest cement distributor meeting 65% of Palestinian market demand), Jericho Cement Industry Co. (packaging facility), and Amial Express (transportation services). Core products include bulk cement and packed cement in various types meeting Palestinian and European standards. Major facilities include the Cement Filling & Packing Line in Jericho (500K tons/year capacity) and the Cement Mill project (1.3M tons/year capacity). Additional services include after-sales technical support, laboratory services, and concrete design consulting.

Differentiator

Problem solved

Functional benefit

Products and services

• Bulk Cement Bulk cement imported from Jordan and other sources, distributed through Sanad's wide network of distributors across West Bank and Gaza Strip. Used by construction companies, concrete factories, and brick manufacturers for construction projects.
• Packed Cement Bagged cement products including Portland Cement CEM I 52.5 N, Portland Composite Cement CEM II 42.5 N/AM-SLV, Sulfate Resistant Cement CEM III 42.5 N/B-SR, and other types meeting Palestinian and European standards. Packed at the Jericho facility for distribution through Sanad's distribution network.
• After-Sales Services Technical and customer services including supply of multiple capacity tanks to concrete factories, spiral conveyors, integrated laboratories, three filters for cement purification, weekly periodic check-ups per PSI standards, and ready-mix concrete design services. Targeted at concrete and brick factories.
• Cement Filling & Packing Line (Jericho) Operational cement filling and packing facility in Jericho with 500,000 tons annual production capacity and storage for 10,000 tons packed cement and 8,000 tons bulk cement. Processes bulk cement imported from Jordan into bagged products.
• Cement Mill National cement manufacturing facility with approximately 1.3 million tons annual production capacity, expected to cover almost half of local Palestinian cement demand. An estimated US$80 million investment creating 50-70 direct jobs and hundreds of indirect jobs.
• Cement Transportation Services (Amial Express) Transportation services for the transfer of bagged cement to West Bank markets, operated by Sanad's subsidiary Amial Express. Established in 2014.

Quantifiable outcome

• Reduced Israeli cement market share from monopoly to under 50% through diversification
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• CementracoreStrategic or Co-development Partner · 6 November 2019SANAD & Cementra signed importing cement agreement in November 2019. Cementra serves as a key source for cement imports to supplement domestic production.
• Al-Quds UniversityminorStrategic or Co-development Partner · 8 August 2018SANAD & Al-Quds University signed MOU in August 2018 for collaboration in academic and professional development related to construction sector.
• Northern Cement Co. (Jordan)coreStrategic or Co-development Partner · 2 July 2018SANAD & Northern Cement Co. in Jordan signed MOU in July 2018 for strategic cooperation in cement supply and industry development.
• Projacs InternationalminorStrategic or Co-development Partner · 3 April 2018SANAD & Projacs International signed MOU in April 2018 for project management and consulting services related to construction projects.

Scale indicators10 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• CEMEX: Global cement and ready-mix concrete major with operations across multiple geographies. Comparable as a vertically integrated cement producer and distributor; relevant as a broad incumbent shaping regional competitive dynamics.
• Holcim (LafargeHolcim): Global cement and construction materials incumbent with operations across the Middle East. Comparable as a large-scale cement manufacturer with vertical integration from quarry to distribution, providing a benchmark for the trajectory Sanad's national cement platform could follow.
• Heidelberg Materials: Global cement, aggregates, and ready-mix concrete producer with a presence in the Middle East region. Comparable in core product and value chain; relevant as a broad incumbent defining industry standards and competitive benchmarks Sanad must meet.

Regional players

• Arabian Cement Company (Saudi Arabia): Public Saudi cement producer on Tadawul. Comparable as a publicly listed regional cement manufacturer with similar value chain (production, distribution) and stakeholder reporting requirements, though serving a different geography.
• Jordan Cement Factories Company: One of the largest cement producers in Jordan and a key supplier to Palestinian markets via cross-border trade. Directly comparable as a regional cement manufacturer whose output competes with Sanad's filling and (future) milling operations in the Palestinian market.
• Egyptian Cement Company (EGY-CEMENT peers e.g. Suez Cement, Egyptian Portland Cement): Regional Arab cement producers with cross-border trade into Levantine markets. Comparable in product and business model to Sanad, though operating at much larger scale and primarily serving domestic Egyptian demand.

Direct peers

• Northern Cement Co. (Jordan): Jordanian cement manufacturer with an active MOU to supply Sanad. Comparable as a regional Arab cement producer serving overlapping Middle Eastern construction markets; serves as both supplier and competitor in the regional cement trade.
• Nesher Israel Cement Enterprises: Israel's sole cement manufacturer and the incumbent whose market share Sanad explicitly targeted to displace. Produces and supplies cement across Israel and historically into Palestinian markets; directly comparable as a regional cement producer competing for the same end customers.
• Cementra: Strategic cement import partner of Sanad (2019 agreement). Functions as a regional cement trading and supply entity operating across Arab markets, directly comparable as a cement distribution and import business.

Others

• Arab Islamic Bank / Palestine Investment Fund portfolio companies in construction materials: Related-party financial and corporate entities connected to Sanad's controlling shareholder (Palestine Investment Fund). Comparable as ecosystem participants in the Palestinian construction value chain; relevant for partnership and capital-allocation context rather than direct competition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Sanadps

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Sanad Construction Resources