Astra Industrial Group is a Saudi industrial investment group headquartered in Riyadh, with a strong industrial footprint across KSA, the Middle East, North Africa, India and Germany. Listed on the Saudi Stock Exchange (Tadawul) since 2008, the Group is focused on creating long-term value by selecting appropriate industrial investments, improving their performance, and exiting at the right time to maximise shareholder value. The Group operates in three core industries (Pharmaceuticals, Specialty Chemicals, and Steel), providing diversification that mitigates risk and captures opportunities across different business cycles.
About Us
Vision and Mission
Our Vision
Our vision is to be the premier industrial investments company in the MENA region, delivering long-term stakeholder value through profitable growth.
Our Mission
Develop the strongest portfolio of industrial companies in the MENA region through timely strategic investments and growth of companies by providing them optimal financial and managerial resources.
Our Values
Result Oriented
We will allocate resources in the most efficient manner so as to achieve optimal returns.
High Ethical Standards
We will continue to deal with customers, partners, employees and authorities with the highest levels of integrity and respect.
Continuous Improvement
Through accountable leadership and a clear focus on our objectives we are dedicated to continually improving our performance.
Commitment to Quality
We will deliver the best quality products and services by differentiating ourselves from our competitors through a relentless focus on exceeding customer expectations.
Empowerment & Accountability
We will attract highly talented employees and empower them to perform their duties and responsibilities to their fullest potential, at the same time making them fully accountable for their results.
Our Journey
From a single company founded in Riyadh in 1988 to a listed industrial group operating across the region: the milestones that shaped Astra Industrial Group.
1988
The Foundation
Astra Agriculture - Established in Riyadh.
1993
The Expansion
Astra Polymers - Established; IBSF - Established.
1994
Healthcare Localization
Tabuk Pharmaceuticals - Established.
1995
A New Pillar
AstraChem - Established in Dammam.
1997–1999
Beyond Borders
Tabuk Pharmaceuticals - Expands to Algeria & GCC.
2003
Regional Manufacturing
Astra Polymers - Opens a Facility in UAE.
2005
R&D Investment
Tabuk Pharmaceuticals - Establishes Corporate R&D Center, Jordan.
2006
One Group. One Vision.
Subsidiaries unified under Astra Industrial Group (AIG).
2008
Public Confidence
Astra Industrial Group (AIG) listed on Tadawul.
2009
Strategic Stake
AIG - Acquires Al Tanmiya Company for Steel Manufacturing in Iraq.
2010
Strategic Growth
Tabuk Pharmaceuticals (Sudan); Astra Polymers, AstraChem (Turkey).
2011
Mining Venture
AIG - Establishes Astra Mining Company.
2011
Manufacturing Expansion
Astra Polymers - Rabigh Factory Established.
2012
EPC Launch
IBSF - AHI Plant Established in Jubail - First EPC Project; Ma'aden Phosphate Rehabilitation at MH1 & MH2.
2013
Chem Granule Plant
AstraChem - Second Plant Established in Dammam.
2015
First Injectable Facility in KSA
Tabuk Pharmaceuticals launches advanced injectables facility, Dammam.
2015
Color Innovation
Astra Polymers - Establishes Color Innovation Center, Dammam.
2015
Capital Increase
AIG - Capital Increase Through Bonus Shares Issuance.
2017
India Hub
Astra Polymers - India Manufacturing Hub Starts Production.
2020
Modular Breakthrough
IBSF - First Modular Building Project, Algeria - South West Gas Fields Development Project.
2021
Iconic Delivery
IBSF - Riyadh Boulevard City (Time Square) EPC Completed in 118 Days.
2022
Strategic Divestment
AIG - Through Al Tanmiya, Divests Al Anmaa Co. (Iraq), Optimizing the Asset Portfolio.
2023
Aramco Partnership
IBSF - First Modular Housing Project, Hospitality Sector - 10 Year Agreement Signed with Aramco (CPA).
2024
The Morocco Gateway
AstraChem & Astra Polymers establish Morocco facilities.
2024
Regional Presence
AIG - Consolidates Subsidiaries Presence in Jordan.
2024
European Acquisition
AstraChem - Acquires 100% Stake in Agrostulln GmbH, Bavaria, Germany.
2024
Sharpening The Portfolio
AIG - Divests Astra Mining, Focus on Core Pillars.
2025
Tabuk New Field
Tabuk enters new therapy areas as Ophtha, Potent and PFS.
2026
UAE Expansion
Astra Polymers - KIZAD Factory Established in Abu Dhabi, UAE.
2026
A New Beginning
AIG Head Office Relocation, Riyadh.
- 40+Global Markets
- 15+Manufacturing Facilities
- 3,700+Committed Staff Members