Company News and Press Releases

Zamil Higher Institute for Industrial Training recently signed a one-year training agreement with Snamprogetti Saudi Arabia Company Ltd., a subsidiary of Saudi Arabian Saipem Company, a leading company in engineering, drilling, and construction of major projects in the energy and infrastructure sectors. Under the agreement, the Institute will provide a wide range of training services, including specialized occupational health and safety courses as well as engineering and management training courses and programs.

Mr. Bandar Al-Safeer, Board Member and the Managing Director of the Institute, stated that the Institute will provide various types of training courses and programs for company employees during the year. They will be delivered either at the Institute or on the company’s premises. He added that the Saudi Arabian Saipem Company selected the Institute to provide the required advanced training services after visiting and thoroughly evaluating the quality of its facilities and its training staff.

He added that the Institute always focuses on providing high-quality training services. As a result, it has been accredited by various national and international organizations, such as Edexcel-UK, NEBOSH-UK, and IADC-USA, as well as locally, by the Technical and Vocational Training Corporation and the Ministry of Education.
ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE PREVIOUS QUARTER % CHANGE
Sales/Revenue 1,046,565 1,060,890 (1.35%) 1,020,977 2.51%
Gross Profit (Loss) 98,420 143,212 (31.3%) 124,088 (20.7%)
Profit (Loss) Operational (52,643) (7,015) 650.4% (8,759) 501.0%
Net Profit (Loss) after Zakat and Tax (49,553) (39,768) 24.6% (47,152) 5.1%
Total Comprehensive Income (47,761) (47,682) 0.2% (47,015) 1.6%

All figures are in thousands of Saudi Riyals


ELEMENT LIST CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE
Sales/Revenue 2,067,542 2,030,886 1.8%
Gross Profit (Loss) 222,508 316,665 (29.7%)
Profit (Loss) Operational (61,402) 36,300 –
Net Profit (Loss) after Zakat and Tax (96,705) (24,200) 299.6%
Total Comprehensive Income (94,776) (35,159) 169.6%
Total Shareholders' Equity (after deducting minority equity) 1,321,170 1,561,142 (15.4%)
Profit (Loss) per Share (1.61) (0.40) –

All figures are in thousands of Saudi Riyals


ELEMENT EXPLANATION
Reasons for increase (decrease) in net profit during current quarter compared with same quarter last year Net loss increased due to:
1) Reduction in sales in the AC sector due to project delays;
2) Reduction in gross profit margins in the AC and Steel sectors due to increases in input costs, pressure on selling prices, and severe competition;
3) Increase in financial charges.
Reasons for increase (decrease) in net profit during current quarter compared with previous quarter Net loss increased due to:
1) Reduction in gross profit margins across all sectors due to increase in input costs, pressure on selling prices, and severe competition;
2) Increase in financial charges.
Reasons for increase (decrease) in net profit during current period compared with same period last year Net loss increased due to:
1) Reduction in sales in AC sector due to project delays;
2) Reduction in gross profit margins in the AC and Steel sectors due to increase in input costs, pressure on selling prices, and severe competition;
3) Increase in financial charges.
External auditors' opinion The external auditors reviewed the financial statements and issued an unmodified report.
Reclassifications in quarterly financial results Comparative figures have been reclassified to conform with the presentation in the current period.
Additional information  
Zamil Air Conditioning & Refrigeration Services Co. has signed a three-year agreement with the General Department of Education in the Eastern Province. Its scope is the servicing and maintenance of the HVAC/R systems and units at more than 967 schools and administrative buildings (boys’ and girls’ sections) across the Eastern region of Saudi Arabia.

The agreement is part of the General Department of Education’s preparation plan for the new academic year, in addition to providing periodic, emergency, and preventive maintenance for the educational facilities throughout the year. It consists of several items, most notably the provision of skilled engineers and technicians as well as a mobile app with which to make service and maintenance requests.

Additionally, the agreement covers all types of room and central air conditioners, refrigeration systems, and other HVAC/R systems installed at the various educational and administrative buildings.
Zamil Central Air Conditioners Co. has recently developed a new air-cooled water chiller (ASV) with integrated variable speed drive that provides a variable cooling capacity up to 390 TR. It uses the environment friendly refrigerant R134a.

The ASV chiller is energy-efficient and requires less service and maintenance than other similar systems. The primary variable flow system features a low starting current, suitable for hot ambient conditions, a compact footprint, reducing both space and weight, low noise, high Integrated Part Load Value (IPLV) and a shorter payback period for customers. The unit provides customers with a cooling solution that delivers truly sustainable performance and operation.

The ASV chiller is accredited and has achieved performance certificate AHRI 550/590 and UL-1995 safety certification, and complies with SASO and ASHRAE 90.1 standards. Its additional options and features have been considered to improve efficiency, serviceability, and accessibility.

The new chiller is suitable for both commercial and light industrial chilled water applications. It operates efficiently and reliably. It features a smart controller that has multiple options for safe operations, as well as being suitable for all control protocols and fully compatible with building management systems.
With reference to the company annual General Assembly meeting held on Sunday, 28 April 2019, which included the election of a Board for a new term commencing from 1 May 2019 for three years, the Zamil Industrial Board resolved on 5 May 2019 the following:

First: Appoint Mr. Khalid Abdullah Hamad Al Zamil as Chairman.

Second: Appoint Mr. Abdallah Saleh Jum’ah Al Dosari as Vice Chairman.

Third: Formation of the Nomination & Remuneration Committee from the following members:
1) Mr. Abdallah Saleh Jum’ah Al Dosari – Chairman
2) Mr. Khalid Abdullah Hamad Al Zamil – Member
3) Mr. Mohammad Sulaiman Mohammad Al Harbi – Member

Fourth: Appoint the company representatives with respect to the Capital Market Authority (CMA), Saudi Stock Exchange (Tadawul), and Depository Center Company (SDC).

Fifth: Appoint Mr. Said Fahad Said Al Daajani as Corporate Secretary.

It is worth noting that the General Assembly approved the formation of the Audit Committee from the following members:
1) Mr. Mohammad Sulaiman Mohammad Al Harbi – Chairman
2) Mr. Mohammed Ahmed Mahmoud Al Ghaith – Member
3) Mr. Khalid Mohammad Saleh Al Fuhaid – Member.
Zamil Industrial Investment Co. has announced that the company held its ordinary general assembly (first meeting) at the Zamil Air Conditioners Auditorium in First Industrial City in Dammam on 28 April 2019, corresponding to 23 Sha’ban 1440H at 18:30 pm with a quorum of 58.27% (out of which online e-voting was 53.14% and those attending in person was 5.13%). The resolutions of the meeting in their entirety are as follows.

1. Approved the Board of Directors’ report for the fiscal year ending 31/12/2018.

2. Approved the external auditors’ report for the fiscal year ending 31/12/2018.

3. Approved the consolidated financial statements for the fiscal year ending 31/12/2018.

4. Approved discharging the Board of Directors from any liabilities for the fiscal year ending 31/12/2018.

5. Approved the Board recommendation not to distribute cash dividends for the fiscal year ending 31/12/2018.

6. Approved the distribution of SAR 1,600,000 as Board Remuneration for the year ending 31/12/2018, at SAR 200,000 per Board Director.

7. Approved the appointment of Ernst & Young as the external auditors, in accordance with the recommendation of the Audit Committee, to review and audit the company’s quarterly and annual accounts for the second quarter, third quarter, and annual statements for the year 2019 and the first quarter of 2020, and agreed to their service fee.

8. Approved the election of Board members for the Board Eighth term, to convene from 01/05/2019 until 30/04/2022. The elected candidates are as follows:

    (1) Mr. Khalid Abdullah Hamad Al Zamil
    (2) Mr. Abdallah Saleh Jum’ah Al Dosari
    (3) Mr. Ahmed Abdullah Hamad Al Zamil
    (4) Mr. Adib Abdullah Hamad Al Zamil
    (5) Mr. Abdulla Mohammed Abdullah Al Zamil
    (6) Mr. Mohammed Ahmed Mahmoud Al Ghaith
    (7) Mr. Khalid Mohammed Saleh Al Fuhaid
    (8) Mr. Mohammad Sulaiman Mohammad Al Harbi.

9. Approved the set-up, the duties, and the internal regulations of the Audit Committee, as well as the remuneration of its members, upon the proposal of the Board of Directors of a three-year term from 01/05/2019 until 30/04/2022. The candidates are as follows:

    (1) Mr. Mohammad Sulaiman Mohammad Al Harbi, Chairman
    (2) Mr. Mohammed Ahmed Mahmoud Al Ghaith, Member
    (3) Mr. Khalid Mohammed Saleh Al Fuhaid, Member.

10. Approved the related party transactions between the company and Zamil Architectural Holding Company, in which Mr. Adib Al Zamil (representative of Zamil Group Holding Company) has an indirect interest. Total purchase value in 2018 was SAR 2,777,864, agreed upon under the prevailing commercial terms.

11. Approved the related party transactions between the company and Zamil Chem-Plast Industries, in which Mr. Adib Al Zamil (representative of Zamil Group Holding Company) has an indirect interest. Total purchase value in 2018 was SAR 3,455,833, agreed upon under the prevailing commercial terms.  

12. Approved the related party transactions between the company and Zamil Trade & Services Holding Company, in which Mr. Adib Al Zamil (representative of Zamil Group Holding Company) has an indirect interest. Total purchase value in 2018 was SAR 15,823,628, agreed upon under the prevailing commercial terms.

13. Approved the related party transactions between the company and Zamil Real Estate Holding Company, in which Mr. Adib Al Zamil (representative of Zamil Group Holding Company) has an indirect interest. Total purchase value in 2018 was SAR 8,498,964, agreed upon under the prevailing commercial terms.
ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE PREVIOUS QUARTER % CHANGE
Sales/Revenue 1,020,977 969,996 5.3% 1,208,582 -15.5%
Gross Profit (Loss) 124,088
177,031
-29.9% 209,795 -40.9%
Profit (Loss) Operational (8,759) 43,315 – (61,945) -85.86%
Net Profit (Loss) after Zakat and Tax (47,152) 15,568 – (93,058) -49.3%
Total Comprehensive Income (47,015) 12,523 – (113,749) -58.7%
Total Shareholders' Equity (after deducting minority equity) 1,368,931 1,668,824 -18.0% – –
Profit (Loss) per Share (0.79) 0.26 – (1.55) –

All figures are in thousands of Saudi Riyals


ELEMENT EXPLANATION
Reasons for increase (decrease) in net profit during current quarter compared with same quarter last year The net loss for the quarter was due to the decrease in gross profit margins across all sectors because of the increase in input costs, pressure on selling prices, and severe competition. The net loss is also attributed to higher financial charges, zakat, and income tax.
Reasons for increase (decrease) in net profit during current quarter compared with previous quarter The net loss is lower because higher provisions were made in Q4 2018 for expected credit loss and loss from discontinued operations. Gross profit margins decreased due to lower sales in the AC and Steel sectors.
Type of the external auditors' opinion The external auditors reviewed the financial statements and issued an unmodified report.
Reclassifications in quarterly financial results Comparative figures have been reclassified to conform with the presentation in the current period.
Additional information As of 1 January 2019, the company has adopted “IFRS 16 – Leases” with no material impact on the company’s results.
Zamil Steel Buildings Vietnam Co., Ltd., a subsidiary of Zamil Industrial Investment Co., has been awarded the prestigious Golden Dragon Award for the 16th consecutive year, marking its 22 years of excellence in Vietnam and Southeast Asia. The awards ceremony was held in Hanoi on April 6, 2019.

Organized by the Vietnam Economic Times Group, the Golden Dragon Award is an annual event initiated in 2001 to recognize outstanding achievements in production and business and making a significant contribution to the Vietnam economy by foreign-invested enterprises.

Among the 60 foreign-invested enterprises receiving the awards this year, Zamil Steel Buildings Vietnam was honored as one of the top 10 brands that has managed to achieve sustainable growth.
Zamil Industrial Investment Co. (Zamil Industrial) has been selected by the United Safety Council (USC) as the winner of the Gold Award for Corporate Safety for 2018. The company was selected from among a group of international organizations collaborating with the council.

The award recognizes Zamil Industrial for the outstanding safety initiatives in place at the company, the positive results of its annual HSE Management Audit, and the thoroughness of the Safety Key Performance Index conducted every quarter.

The award committee cited the company’s extraordinary improvements in its accident frequency rating, severity rate, and the outstanding reductions achieved in lost-time injuries and recordable injuries.

Zamil Industrial understands the importance of involving both employees and management in safety programs and safety committee meetings, of having written safety and health programs in place, and of using inspection and incident investigation programs to address and resolve any issues that may arise.

In addition, the director of the Corporate Loss Prevention Department (CLPD) at Zamil Industrial, Awadh Eid Al-Ghamdi, received the prestigious USC Safety Leadership Award for the 2018 reporting period, as well as a Certificate of Recognition for the COSS (Certified Occupational Safety Specialist) Excellence in Safety Award.

These international awards acknowledge the significant contributions made by the CLPD management and teams in the implementation of effective safety programs and initiatives. They also demonstrate the company’s genuine commitment to sustaining rigorous safety management and to providing a safe, healthy and decent working environment, free from foreseeable hazards and risks, across all the business units of Zamil Industrial.

Based in Orlando, Florida, the United Safety Council is an independent, nonprofit, nongovernmental safety training and educational organization operating locally and nationally. It is a member of the American Association of Safety Councils, an international safety and services association.
The Board of Directors of Zamil Industrial is pleased to invite all shareholders to attend its general assembly to convene in an ordinary session on Sunday, 28 April 2019, at the Zamil Air Conditioners Auditorium in Dammam’s First Industrial City at 18:30 pm (location: https://goo.gl/maps/1xeBXFCxVV82). The following items on the agenda will be reviewed and discussed:

  1. Vote on the Board of Directors report for the fiscal year ending 31/12/2018;

  2. Vote on the external auditors report for the fiscal year ending 31/12/2018;

  3. Vote on the consolidated financial statements for the fiscal year ending 31/12/2018;

  4. Vote on discharging the Board of Directors from any liabilities for the fiscal year ending 31/12/2018;

  5. Vote on the Board recommendation to do not distribute cash dividends for the fiscal year ending 31/12/2018;

  6. Vote on the distribution of SAR 1,600,000 as Board Remuneration for the year ending 31/12/2018 at SAR 200,000 per Board Director;

  7. Vote on the appointment of the external auditors, as per the recommendation of the Audit Committee, to review and audit the company’s quarterly and annual accounts for the second quarter and third quarter, and annual statements for the year 2019 and the first quarter of 2020, and agree to their service fee;

  8. Vote on electing Board members for the Board Eighth term convening from 01/05/2019 until 30/04/2022;

  9. Vote on the set-up, the duties and the internal regulations of the Audit Committee as well as on the remuneration of its members upon the proposal of the Board of Directors for a three-year term that convening from 01/05/2019 until 30/04/2022. The candidates are as follows:

    •    Mr. Mohammad Sulaiman Mohammad Al Harbi, Chairman
    •    Mr. Mohammed Ahmed Mahmoud Al Ghaith, Member
    •    Mr. Khalid Mohammed Saleh Al Fuhaid, Member

  10. Vote on the related party transactions between the company and Zamil Architectural Holding Company, in which Mr. Adib Al Zamil (representative of Zamil Group Holding Company) has an indirect interest. Total purchase value in 2018 was SAR 2,777,864, agreed upon with the prevailing commercial terms;

  11. Vote on the related party transactions between the company and Zamil Chem-Plast Industries, in which Mr. Adib Al Zamil (representative of Zamil Group Holding Company) has an indirect interest. Total purchase value in 2018 was SAR 3,455,833, agreed upon with the prevailing commercial terms; 

  12. Vote on the related party transactions between the company and Zamil Trade & Services Holding Company, in which Mr. Adib Al Zamil (representative of Zamil Group Holding Company) has an indirect interest. Total purchase value in 2018 was SAR 15,823,628, agreed upon with the prevailing commercial terms;

  13. Vote on the related party transactions between the company and Zamil Real Estate Holding Company, in which Mr. Adib Al Zamil (representative of Zamil Group Holding Company) has an indirect interest. Total purchase value in 2018 was SAR 8,498,964, agreed upon with the prevailing commercial terms.

The quorum for this meeting is for shareholders representing at least 25 percent of the company’s paid-up capital. If such quorum is not attained, a second meeting can be held after one hour from the time the first meeting was supposed to convene. In all cases, the second meeting shall be deemed valid irrespective of the number of shares represented therein. Each shareholder registered with the company register at the Securities Depository Center (Depository Center) shall have the right to attend the general assembly meeting at the end of the trading session preceding the general assembly meeting. Noting that the right to attend the General Assembly ends prior to the convention of the meeting, and the right to vote ends once the vote counting has concluded.

Shareholders who cannot attend the meeting may appoint a proxy, while taking into consideration that the proxy must not be a member of the board or an employee of the company. Copies of the proxies should be submitted to the company with a copy of a valid ID at least two days prior to the meeting date by mail (P.O. Box 14441, Dammam 31424). The proxy must be attested by the Chamber of Commerce & Industry if the shareholder is a member of the same, a company, or legal entity; or a licensed bank or an Authorized Person in the Kingdom, provided that the authorizing shareholder holds an account with the attesting bank or Authorized Person; or a Notary Public or Person licensed for attesting. The original proxy must be submitted on the day of the meeting. The proxy will be valid for another meeting if this meeting’s quorum is not met.

The company would also like to inform its shareholders that electronic voting will be available to enable them to vote on the agenda items of this meeting. Shareholders who are registered in the Tadawulaty services portal can effectively vote online from 10 am on Tuesday, 23/04/2019 until 4 pm on Sunday, 28/04/2019. The company invites its shareholders and urges them to actively participate and vote online by visiting the Tadawulaty web page  www.edaa.com.sa, a free service available to all shareholders.

Shareholders are welcome to send their inquiries by directly contacting our Corporate Communications & Investor Relations department by phone (+966138108180) or by email (investors@zamilindustrial.com).

Attached documents: Candidates Directory (available in Arabic only) | Proxy Letter
The Rabiah & Nassar and Zamil Concrete Industries (Ranco & Zamil) factory in Riyadh had the best health, safety, and environmental (HSE) performance among Zamil Industrial joint venture companies in 2018. For the third consecutive year, the factory received the Zamil Industrial Safety Award of Excellence.

The award ceremony was held on March 27, 2019, at the Ranco & Zamil factory in Riyadh. During the event, Awadh Eid Al Ghamdi, director of the Corporate Loss Prevention Department at Zamil Industrial, presented the HSE Excellent Leadership Award to Faisal Al Rabiah, general manager of Ranco & Zamil, for his exemplary support of the loss prevention programs and initiatives, and the effective management of health and safety programs in the company.

This great achievement is the cumulative result of the work of both management and employees. It demonstrates the organization’s commitment to ensuring that it has a safe and healthy working environment and well-managed safety systems.
Zamil Industrial Investment Co. announces that the Board recommends, in its meeting held on Thursday, 21 March 2019, to the Annual General Assembly that no dividend will be distributed to shareholders for the fiscal year ending 31 December 2018.

The Board attributed the decision to support and strengthen the financial position of the company.

The Board recommendation will be presented to the General Assembly for voting in its first upcoming meeting.
Zamil Industrial Investment Company (Zamil Industrial) has announced its audited consolidated financial results for the year ending 31 December 2018.

Revenues for the year amounted to SAR 4,313.6 million (USD 1,150.3 million), compared with SAR 4,403.9 million (USD 1,174.4 million) for the same period in 2017, a decrease of 2.0 percent.

Gross profits were SAR 706.4 million (USD 188.4 million), compared with SAR 908.2 million (USD 242.2 million) for the same period in 2017, a decrease of 22.2 percent.

Operating loss was SAR 18.7 million (USD 4.9 million), compared with operating profits of SAR 226.5 million (USD 60.4 million) for the same period in 2017.

Net loss for the year, after deduction of Zakat and tax, was SAR 139.9 million (USD 37.3 million), compared with a net profit of SAR 105 million (USD 28 million) during the same period in 2017.

Total comprehensive loss for the year amounted to SAR 169 million (USD 45.1 million), compared with a total comprehensive income of SAR 106.5 million (USD 28.4 million) in 2017.

Loss per share for the twelve-month period ending 31 December 2018 was SAR 2.33, compared with earnings per share of SAR 1.75 during the same period in 2017.

Equity attributable to shareholders (after the elimination of Minority Interest) as of 31 December 2018 amounted to SAR 1,415.9 million (USD 377.6 million), compared with SAR 1,664.7 million (USD 443.9 million) as of 31 December 2017, a decrease of 14.9 percent.

The net loss for the twelve-month period was due to the following:

  1. The adoption of IFRS 9 resulted in an increase in provision for expected credit loss of financial assets by SAR 111 million.
  2. The reduction in gross profit margins across all sectors was due to lower domestic revenues, an increase in input costs, pressure on selling prices, and severe competition.
  3. An increase in financial charges.
  4. An increase in the share of the loss of associated companies.
  5. The loss on disposal of company’s share and impairment of dues from discontinued operations.

The external auditors have reviewed the financial statements and issued an unmodified report.

Comparative figures have been reclassified to conform to the presentation in the current period.

Additional Information:

  1. The Saudi local sales dropped by 4%, while exports and international sales, on the other hand, increased by 2.1%.
  2. The company continued its diligent efforts to cut costs and control expenses, which resulted in a savings of SAR 67 million in selling and administrative expenses, despite the increase in levies.

Zamil Central Air Conditioners Co. has recently developed custom-built explosion-proof packaged air conditioning systems that meet the area classification up to 400 MBtu/h. The new custom packaged units range from modified commercial grade systems to fully custom designs with cooling capacities ranging from 3 to 35 tons, with many options available.

The new units, which meet the energy efficiency standards of ASHRAE/IES Standard 90.1-2016 and SASO 2874 Minimum Energy Performance Standards (MEPS), have been fully tested for operational performance and effectiveness and are certified for hazardous duty operation in commercial, industrial, and offshore applications. They were designed by Zamil Air Conditioners’ professional engineering staff and are fully certified for operational performance and compliance to UL 1995, UL 1203, and ISA 12.12.01.

All make/break components in the new units are either explosion-proof certified or installed inside an explosion-proof enclosure. They feature an anti-static blower belt and an anti-spark copper fan inlet cone. The company can provide explosion-proof third-party certified heaters as well as anti-corrosive multi-resistant coatings.

Zamil Air Conditioners explosion-proof packaged air conditioning systems are ideal for large buildings with multiple rooms or zones, and provide critical cooling to maintain a stable internal temperature in Class I, Division 1 or 2, or Zone 1 or 2 hazardous or unclassified locations, with various gas types and temperature codes. They comply with most clients’ specifications. They are suitable for severe duty operations and all units have easily serviced explosion-proof control systems.

These specialized systems can be utilized in various industrial applications such as oil refineries, chemical plants, offshore platforms, gas plants and pipelines, mining industries, fuel transfer docks and pumping stations.
As part of the social responsibility programs and initiatives implemented by Zamil Industrial in cooperation with various governmental institutions and civil society organizations, the Corporate Loss Prevention Department (CLPD) at Zamil Industrial conducted a lecture entitled “Methods of Investigation of Occupational Accidents and Injuries” for students and lecturers of Dammam Community College. The college is part of King Fahd University of Petroleum and Minerals. The lecture was held on Thursday, February 28, 2019, at the headquarters of the college in Dammam.

The awareness lecture was delivered by Eng. Khaled Al-Ghamdi, Head of Health, Safety and Environment (HSE) Operations at CLPD, and comprised various topics related to HSE, including the definition and types of occupational injuries; the proper classification of work injuries; the objectives of investigating occupational injuries and accidents; and the appropriate and correct ways to identify the main causes of occupational injuries and work accidents.

At the end of the lecture, the participants discussed and reviewed examples of occupational injuries and accidents and the best ways to deal with and investigate occupational accidents in the workplace, as well as the importance of ensuring that recommendations are proactively followed up and implemented.
The Maintenance, Repair, and Overhaul (MRO) business unit at Zamil Air Conditioning & Refrigeration Services Co. Ltd. (Zamil CoolCare) has received the “2018 Best Environment, Health, Safety & Security (EHSS) Contractor” award from the Arabian Petrochemical Company (Petrokemya), a manufacturing affiliate of the Saudi Basic Industries Corp. (SABIC) in Jubail Industrial City. The award was made in recognition of the company’s commitment and excellence in EHSS performance among all contractors engaged by Petrokemya.

Mansour Al-Qasoumi, President of Petrokemya, and Mosaed Al-Ohali, Executive Vice President of Corporate Finance at SABIC, presented the award to the Director of the Corporate Loss Prevention Department at Zamil Industrial, Awadh Eid Al Ghamdi, and Zamil CoolCare – MRO HSE Manager, Rabeen, at the company’s annual gathering event held on February 20, 2019, in Jubail.

It is a remarkable accomplishment, realized through relentless efforts over the years, focused engagement with respect to a predefined Key Performance Indicator (KPI) system for SABIC contractors, and competing with other established industrial partners. The award proves Zamil CoolCare’s capability to meet and exceed customer expectations as a business partner, through effective leadership and competence in a stringent EHSS culture.
Zamil Towers & Galvanizing Co. Ltd. was awarded a contract by Al Sharif Group Holdings for the fabrication and supply of more than 3,000 metric tons of 132 kV overhead transmission line towers that will connect several substations owned by the Saudi Electricity Company in the southern region of Saudi Arabia.

Zamil Towers & Galvanizing has been designing, manufacturing, and hot-dip galvanizing lattice steel structures, gantries, and support structures for substations, power transmission lines, and telecom companies since 1985. The company also provides type testing of power transmission line towers at independent test stations, in compliance with international standards, as well as passive and active solutions for telecoms and IBS.
Zamil Projects, a business unit of Zamil Air Conditioning & Refrigeration Services Co. Ltd., has been awarded a new contract by the BACS consortium for the Riyadh Metro Park & Ride and 3E2 Stations 400 kWp PV Solar system in Riyadh, Saudi Arabia.

The contract calls for the installation of more than 1,300 photovoltaic panels for solar energy generation at three Park & Ride stations and a 3E2 metro station.

As the renewable energy demand across the Kingdom has increased, Zamil Projects has dedicated a specialized team to focus on renewable energy projects. Winning this project gives the company a chance to grow in the renewable energy market.

Zamil Projects was selected for this prestigious contract by the client and end user due to its commitment to all other awarded projects at different metro stations.

Zamil Air Conditioning & Refrigeration Services is a key product and services provider in Saudi Arabia’s industrial expansion. The company specializes in creating customized solutions for all types of complex operations. It is uniquely positioned to meet the needs of clients in a timely and cost-effective manner.
Zamil Central Air Conditioners Co. has recently developed custom-built Double Skin Air Handling systems and Air-Cooled Condensing systems. They were specifically designed to satisfy the requirements of the prestigious Riyadh Metro project for tailor-made HVAC solutions that provide maximum application flexibility and energy savings to the client.

The customized air handling units come with multi-functional components such as a heat recovery wheel, sound attenuators, and ionization filters. They also offer a single Variable Frequency Drive (VFD) control panel with auto and manual operation; start, stop, and trip indication lights; and a main circuit breaker. The VFD panel is integrated with a BACnet controller and linked or interlocked to a burner management system (BMS) safety controller.

The special air-cooled condensing units come with high static condenser fans suitable for pit installation in metro stations. They feature ducted connections for the condenser fans, equipped with an electronically commutated motor and controlled by temperature sensor.

Zamil Central Air Conditioners assures the quality, safety and comfort of these units with a range of standard features, including low-noise condenser fans with insulated motors for quiet operation.

These custom-built and modified air handling and air condensing systems continue the company’s long tradition of designing and manufacturing technologically innovative, high-quality air conditioning systems.
For the second consecutive year, Zamil Industrial Investment Company (Zamil Industrial) has received the Occupational Safety and Health (OSH) Champions Award 2018 for the company’s excellence in OSH practices and its exceptional record in OSH performance levels.

The award, which was launched by the Ministry of Labor and Social Development in Saudi Arabia, aims to establish and promote the principles of safety and health in private sector organizations, as part of the ministry’s efforts to achieve a stable workforce, attract new workers, enhance work performance, ensure worker safety and health, and maintain the workplace property and environment.

His Excellency, the Minister of Labor and Social Development, Eng. Ahmed bin Suleiman Al-Rajhi, presented the awards to the representatives of the winning companies at a ceremony held on January 10, 2019, at the Ministry of Labor and Social Development in Riyadh, Saudi Arabia, in the presence of H.E. Deputy Minister of Labor and Social Development for Labor Affairs Dr. Abdullah Bin Nasser Abuthnain.

The OSH award targets three sectors of activity, including construction, industry, and commerce, based on the latest statistics, which indicate high rates of injuries and work accidents in these areas during the past few years. The award recognizes companies that observe best practices in occupational safety and health in these specific sectors and aims to raise awareness among employers and employees regarding the importance of taking appropriate measures to protect workers from accidents and illness at work.

On this occasion, Awadh Eid Al-Ghamdi, the director of the Corporate Loss Prevention Department (CLPD) at Zamil Industrial, commented, “We are proud to accept this prestigious award, especially as it comes from an official government body, the Ministry of Labor and Social Development. The award represents the continued commitment of Zamil Industrial management and the CLPD team to achieve and maintain the highest possible standards of health and safety in the workplace. The OSH award will be added to the list of local and international awards that Zamil Industrial has received over the years in recognition of its outstanding performance in occupational safety and health.

The winning organizations were chosen based on their benchmarking measures, records, and evaluation of their performance, in line with global best practices in OSH. They were also rated on five additional factors: their OSH records, the commitment of senior management to workplace health and safety, the strength and quality of their OSH management systems, the existence of reporting and communication channels, and their guidance and educational programs.

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