SABIC
awards Zamil Air Conditioners as outstanding supplier
Posted: 22 April 2004
Petrochemical giant, Saudi Basic Industries Corporation (SABIC)
has recognized Zamil Air Conditioners (ZAC) as an outstanding supplier
in 2003.
An award honoring the sector business of Zamil Industrial Investment
Company (ZIIC) was presented to Abdulla Al Zamil, Chief Operating
Officer of ZIIC at a ceremony held at SABIC’s premises in
Jubail on 20 April 2004.
SABIC’s Vice President of Shared Services and other high
level executives as well as other worldwide suppliers and contractors
attended the event.
The award was conferred upon ZAC as a recognized contractor to
SABIC for its performance efficiency over the past year, for its
consistently high customer service levels and for its timely response
to SABIC’s varied needs.
The selection of ZAC as a contender for the award was based on
recommendations from SABIC affiliates, including Hadeed, Petrokemya,
Ibn Zahr and Ibn Sina. In total, 48 companies from around the world
received awards, eight of which were feted for their work in the
customer services sector.
“We are greatly honored to receive this significant award
as it endorses our customer value proposition, the tenets of which
have been largely responsible for our ability to achieve the position
of a leading international manufacturer of air conditioning systems
and a Middle East leader. That SABIC has bestowed this award upon
ZAC is further testimony to our commitment to adhering to stringent
— and consistent — quality standards across the board
and to the ongoing quest to deliver exceptional customer services,”
said Mr Al Zamil.
ZAC serves its customers with dedication and professionalism and
has allowed the company to command and retain its leadership positioning
in an increasingly competitive environment. This has been largely
facilitated by the central role played by ZIIC in setting forth
the vision and strategic path as well as the support it provides
to ZAC and the company’s other sector businesses.
About Zamil Air Conditioners
Zamil Air Conditioners (ZAC) was founded in 1974 as one of the first
air conditioning business to be established in Saudi Arabia and
today is a leading international manufacturer of air conditioning
systems and is Number 1 in the Middle East.
It designs, manufactures, tests, markets and services a comprehensive
range of air conditioning products, which range from compact room
air conditioners and mini splits to large scale central air conditioners,
chillers and air handling units for highly specialized commercial
and industrial applications. These are marketed under various brand
names — Classic, Cooline, Cool Care, Clima Tech, Kessler Tech
and Geoclima — depending on specific markets.
ZAC is also involved in the production of branded air conditioners
for several leading international manufacturers under an Original
Equipment Manufacturer (OEM) agreement. It operates a joint venture
between Zamil Industrial Investment Company (ZIIC) and General Electric,
called Middle East Air Conditioners Ltd. (MEAC). As a result of
excellent production facilities at ZAC, a range of GE-branded air
conditioning consumer products are produced for Saudi Arabia and
other Gulf countries. ZAC has been vigorously moving into newer
markets, seeking strategic alliances and investing heavily in R&D.
ZAC is one of three sector businesses of Zamil Industrial Investment
Company.
About Zamil Industrial Investment Company
Zamil Industrial Investment Company (ZIIC) was founded in 1998.
It is headquartered in Dammam, Kingdom of Saudi Arabia, and employs
5,000 people in 50 countries.
As an international manufacturing and fabrication group, it provides
leading air conditioning, pre-engineered steel buildings, structural
steel products, transmission towers, open web joists and decks,
and architectural glass processing solutions to meet the requirements
of the global construction industry through its three sector businesses:
Zamil Air Conditioners (www.zamilac.com),
Zamil Steel Industries (www.zamilsteel.com)
and Zamil Glass Industries (www.zamilglass.com).
ZIIC exports to more than 75 markets and derives 50% of revenues
from outside Saudi Arabia. For the year ended 31 December 2003,
ZIIC posted turnover of SAR 1.55 billion (US$ 414.2m), a growth
of 11% over 2002. Post Zakat earnings per share also grew by 11%
to SAR 8.39 ($2.24), up from SAR 7.56 ($2.02) during the same period
in 2002. ZIIC’s shares have been actively traded on the Saudi
Equity Market since early 2002.
More information can be found at www.ziic.com.
Posted by Richard Price,
Editor Pipeline Magazine
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