National Industrialization Company Company Description
National Industrialization Company operates in the petrochemicals, chemicals, plastics, engineering, and metals sectors worldwide.
The company operates through three segments: Chemicals, Petrochemicals, and Downstream & Others. It produces titanium dioxide, ethylene, polyethylene, propylene, polypropylene, butyl acrylate, acrylic acid, super absorbent polymers, butanol, titanium sponges, and plastic sheets and other plastic products.
The company also offers technical industrial services; manufactures steel and non-steel castings; produces towed steel wires, spring wires, steel wires for cables, and twisted reinforcement wires to carry the electrical conductors, as well as for use in concrete and welding wires; and produces and markets liquid batteries for vehicles and industrial use; and lead and sodium sulphate.
In addition, it conducts technical tests on industrial facilities; chemical, petrochemical, and metal plants; and water desalination and electricity generating plants, as well as sets up various plastic industries.
Further, the company engages in the inspection of mechanical equipment and industrial instruments, quality management, and environment systems; provides academic training, information technology consultancy, and laboratory testing services; gathers, recycles, and sells used and damaged batteries, lead, plastics, industrial materials, and environmental waste; produces and markets acrylic boards; and markets chemical, petrochemical, and plastic items.
Additionally, it produces plastic pallets and pipes, agri-films, and waste-water treatment products; and industrial dyes and paints.
National Industrialization Company was incorporated in 1985 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Country | Saudi Arabia |
Founded | 1985 |
Industry | Chemicals |
Sector | Materials |
Employees | 7,000 |
CEO | Fawaz Bin Mohammad Al Fawaz |
Contact Details
Address: The Business Gate, Building No. C3 Riyadh, 11496 Saudi Arabia | |
Phone | 966 11 222 2205 |
Website | tasnee.com |
Stock Details
Ticker Symbol | 2060 |
Exchange | Saudi Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | SAR |
ISIN Number | SA0007879170 |
SIC Code | 2800 |
Key Executives
Name | Position |
---|---|
Fawaz Bin Mohammad Al Fawaz | Chief Executive Officer |
Fawaz Bin Mohammad Al Fawaz | Chief Financial Officer |