Foundation
The company was founded on 03/01/1961 and nationalized as of 20/01/1965 decree No.20 for 75%. In 1970 the Nationalization by Decree No. 38 had become 100% retroactive to the date of the first nationalization. Currently the company is a manufacturer of paints, chemicals and trading. Capital
Under the Memorandum of Association 500,000 syp
Result of the valuation in 1965 was 775350syp
Incr
ease as of 22/06/1980 was 8,975,869 syp transferred by the Ministry of Finance
Increase as of 28/12/1982 was 13,975,869 syp transferred by the Ministry of Finance
Increase as of 12/05/1983 was 15,975,869 syp transferred by the Ministry of Finance
Increase as of 15/06/1983 was 18,975,869 syp transferred by the Ministry of Finance
In 10/02/1984 Under the resolution No.11 made by the prime minister 30,544,000 syp was announced to be the capital. Sales
On average, quantities marketed per year: 1,200,000 gallons and is selling to the public sector directly from the company and the private sector by the agents in all provinces. For more information kindly click here. Marketing
Products are marketed in local markets for public and private sectors and for different uses. Raw Materials
The company uses more than 300 raw materials in the manufacture of the majority of these imported materials from different sources and fall under the following classifications:
1- Alkaloids and resin
2- Adjuvant
3- Dyes
4- Fillers
5- Solvents
The annual value of imports range between 5 to 8 million dollars. Syria - Damascus
website: www.Omayad.sy
email: [email protected]
tel: +963 11 544 3675
+963 11 544 3685
+963 11 5430512
fax:+963 11 543 1088
