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Saudi Steel Pipe Company 
Trading Name: SSP 
 

 

 

 

 

Company Activities
Manufacturing of Black & Galvanized HFI/ERW steel pipes in different sizes for Water, Oil & Gas Pipelines and other Commercial and Construction applications. Moreover, the company has a service of Hot Induction Bending of different sizes and a facility for Heat Treatment as well. The company produces black & Galvanized ERW/HFI steel pipes in different sizes in its state of the art factory in Dammam 2nd Industrial City according to many local and international standards. The company is accredited by many local and international agencies, and has the API certificate, ISO 9000 & ISO 14000 certificates. The company is also registered with major oil & gas companies in the area plus EPC contractors. The company has a network of sales offices in major cities (AL Khobar, Riyadh, Qassim & Jeddah) for serving its customers in local market, and has another network of agents and distributors to serve the export market. The company sells its products in local and export markets to more than 20 countries. The products of the company are produced according to stringent quality and safety standards and have contentious and ambitious plans for continuous improvement and upgrading of its capacity and services. More than 400 employees are working in the company with extensive experience and high level of professionalism, the Saudization percentage has reached 46%.
 
 
Company History
Saudi Steel Pipes Company was established as a Saudi limited liability company under Commercial Registration Number 2050009144, dated 27 Rajab 1400H (corresponding to 11 June 1980G). The Company was converted into a closed joint stock company pursuant to the Minister of Commerce and Industry Resolution No. 187 dated 03/06/1429H (corresponding to 07/06/2008G). The company started production in 1980 with one factory consisting of two production lines for producing small pipes up to 4 and two galvanizing lines. In 1988, a third pipe production line was added and the production capacity was 80,000 metric tons per annum. In 2000, a second factory for producing medium range pipes up to 16 was built with a production capacity of 80,000 metric tons, which raised the total production capacity of pipes to 160,000 metric tons per annum. Since early 2009, continuous upgrading is being carried out on the second factory which includes adding a second finishing line and upgrading the production capacity up to 20. The total production capacity after these upgrades will be 240,000 metric tons per annum. Currently, arrangements are in place to participate in establishing a third factory in Jubail to produce Large Diameter Pipes used in Oil & Gas pipelines up to 60.
 

 

Date Established

 1980/06/10

 
 
 

Financial Year End

 31/12
 
  
 

External Auditors
 
KPMG  Al Fozan & AL Sadhan
 
 
 
 
Contact Information
Contact Name
ABDULLAH ABUSHARIFA
Address
P.O.Box 11680 DAMMAM 31463
Telephone
0966 13 812 2222 
Fax
0966 13 812 1005 
E-mail
 
 
Website
 
 
 
 

 
Equity Profile
Authorized Capital
510,000,000
Issued Shares
51,000,000
Floated Issued Shares
22,246,275
Paid Capital
510,000,000
Par Value/Share
10
Paid up Value/Share
10

 

 
Board Information
Chairman
Khalid  A. Al-Rabiah
Members
Riyadh Y. Al-Rabiah
Fahad  M. Al-Saja
Ibrahim  M.Al-Rashed
Ok Soo An
Mousa  A.Al-Mousa
Hamdan  A. Al-Hamdan
Manager
Ahmed M. Al-Debasi