Polywed

Polywed

Increasing the success rates of in vitro fertilization (ivf) through data-driven technology.

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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round
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€0.0

round
investor

€0.0

round

$30.0k

Grant
Total Funding000k

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth----(33 %)
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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Polywed, operating as The Progressive Center Company for Construction Chemicals Ltd., is a Saudi-based manufacturing and industrial company with its headquarters in Jeddah and a production facility in Rabigh. Founded in 1996 by brothers Omar Ali Al Marbae and Fahad Ali Al Marbae, the firm began as a focused manufacturer of tile adhesives. Over the years, the company has expanded its operations significantly, now offering a diverse portfolio of approximately 60 locally manufactured products and serving nine countries across the Middle East and Africa. In July 2013, Dr. Zidan Elsayed acquired a majority stake in the company. Polywed is a subsidiary of the Al Marbae Holding Group, an industrial conglomerate established in 1960.

The company's business model centers on the local manufacturing and distribution of high-performance building materials and advanced construction chemicals. Marketed under the brand names "Polywed" and "Union Build," its products are designed to withstand the extreme weather conditions of the MENA region. The client base includes builders, contractors, on-site engineers, and distributors within the construction sector. Revenue is generated through direct sales and a distribution program tailored for small establishments, agencies, and bulk distributors. Polywed also provides a range of technical services to its clients.

Polywed's product line is extensive, encompassing tile adhesives, grouts, waterproofing systems, epoxy products, bonding agents, plasters, putties, paints, and concrete repair solutions. Beyond its product offerings, the company provides several technical and support services, including specialized delivery, consultation, product sampling and demonstrations, and co-packing or private labeling. A key aspect of their strategy involves rigorous quality control and continuous dialogue with end-users to inform product development. The company prides itself on its technical expertise in manufacturing and chemical formulation, which has been cultivated over nearly three decades.

Keywords: construction chemicals, building materials, manufacturing, Saudi Arabia, Jeddah, tile adhesives, waterproofing, epoxy products, concrete repair, technical services, MENA construction, Al Marbae Holding Group, industrial manufacturing, construction solutions, chemical formulation, building industry suppliers, private labeling construction, construction material distribution, Union Build, Dr. Zidan Elsayed

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