‎Overview of Rayan Industrial’s production capacity, products and expansion projects

‎Overview of Rayan Industrial’s production capacity, products and expansion projects

Rayan Advanced Industrial Co., a leading manufacturer of packaging materials for the health and commercial sectors, plans to sell two million shares, or 20% of its capital, on Nomu-Parallel Market.

Rayan’s current business activity is the production, selling and marketing of the plastics used in specialized packaging, which depend on high-and low-density polyethylene.

The company has three factories in Riyadh Second Industrial City, which operate with a capacity of nearly 21,700 metric tons annually (mta). Factory No. (1) was founded in 1989 and began production in 1991, with a capacity of 300 mta. It raised this capacity to 9,000 mta in 2016. Factory No. (1) has 10 film production lines.

Rayan inaugurated factory No. (2) in 2009, with a total capacity of 2,500 mta, then boosted production to nearly 6,500 mta in 2010. Factory No. (2) includes two polyethylene “backsheet” production lines.

In 2019, Rayan opened factory No. (3) with a capacity of 4,500 mta. In 2020, the factory’s production capacity was increased to almost 6,300 mta. It has a polyethylene “backsheet” production line, in addition to other two lines for films.

Rayan is working on ramping up its production capacity by adding new lines in factory No. (3), and building two additional factories No.