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Trends & Analysis
News

Gold prices rise after 3 weeks of decline

News

Kroger shares fall despite Q1 sales beat

News

Brent crude falls below $80 on US-Iran peace deal

News

JPY gains versus USD on strong trade data

News

US dollar gains ahead of central bank meetings

News

Gold surges after US-Iran peace deal

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Nama Chemicals (2210) – Introduction and background

Nama Chemicals is a chemical manufacturing company based in Saudi Arabia, specialised in petrochemicals.

Founded in 1992, Nama Chemicals specialises in producing and marketing a wide range of chemical products used in many different industrial applications. Headquartered in Jubail, Nama Chemicals manufactures epoxy, epichlorohydrin, caustic soda, chlorine, hydrochloric acid, sodium hypochlorite and calcium chloride. The business has a significant share in the global production of many of these products. These petrochemicals have an extremely broad set of applications in manufacturing and other industries and are exported worldwide. A European subsidiary is based in Switzerland.

Nama Chemicals is publicly traded on Tadawul, trading under the ticker 2210. Since its heavily oversubscribed 2008 IPO, Nama has experienced considerable volatility, in part due to market concerns about the price trajectory of petrochemicals. 

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