Direct Investments

  • Arabian Waterproofing Industries Company Ltd. (Awazel), Saudi Arabia

    Arabian Waterproofing Industries Company Ltd., nicknamed Awazel, began production in 1981 with facilities installed in Riyadh and Jeddah. Awazel produces bitumen-based products that provide solutions for containment or exclusion of water. It is one of the largest companies of its type worldwide. Awazel’s products are used in more than one hundred fifty applications in roofing, roads, bridges, tanking, and corrosion protection. It supplies its products throughout Saudi Arabia and exports a sizeable portion of its production to other GCC countries and beyond the GCC region. Awazel is certified to ISO 9000 standards. BPC owns 10.8% percent of Awazel. BPC’s affiliate Boubyan International Industries Holding Company owns another 10% of Awazel.