‎Alwasail Industrial eyes bigger market share

‎Alwasail Industrial eyes bigger market share ‎Alwasail Industrial eyes bigger market share

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Logo ofMohammed Almushekih, CEO of Alwasail Industrial Co.

Mohammed Almushekih, CEO of Alwasail Industrial Co., said demand for the company’s products, particularly high-density polyethylene (HDPE) pipes, is continuing to grow, noting that the company is steadily increasing its market share and maintains a positive outlook for demand for the product.
In an interview with Argaam, Al-Musheikh said the growth has started to be reflected in the company’s performance in recent months. “We do not focus on providing short-term forecasts for the following quarter, but rather on a long-term strategy aimed at serving the sector and strengthening its sustainability in the market,” he added.
The CEO also said current demand for the company’s products is largely driven by the government sector, noting that polyethylene pipes are used in numerous infrastructure and water projects.
He highlighted government support for local content and domestic manufacturers, as well as the expanding use of HDPE pipes as a strategic alternative across several sectors, including irrigation, telecommunications and sewage.

 

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Logo ofMohammed Almushekih, CEO of Alwasail Industrial Co.

Mohammed Almushekih, CEO of Alwasail Industrial Co., said demand for the company’s products, particularly high-density polyethylene (HDPE) pipes, is continuing to grow, noting that the company is steadily increasing its market share and maintains a positive outlook for demand for the product.
In an interview with Argaam, Al-Musheikh said the growth has started to be reflected in the company’s performance in recent months. “We do not focus on providing short-term forecasts for the following quarter, but rather on a long-term strategy aimed at serving the sector and strengthening its sustainability in the market,” he added.
The CEO also said current demand for the company’s products is largely driven by the government sector, noting that polyethylene pipes are used in numerous infrastructure and water projects.
He highlighted government support for local content and domestic manufacturers, as well as the expanding use of HDPE pipes as a strategic alternative across several sectors, including irrigation, telecommunications and sewage.
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