National Industrialization Co - Company Profile
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National Industrialization Co (Tasnee) is a chemical company that manufactures and markets petrochemicals, chemicals, and other downstream products. Its portfolio of petrochemical products includes ethylene, high and low-density polyethylene, propylene, polypropylene and acrylic acid. Tasnee's downstream products include dry and liquid vehicle batteries, lead, plastic products and acrylic sheets. The company also provides engineering and technical industrial services and conducts technical testing of equipment, and industrial, chemical, petrochemical and metallurgical plants, and water desalination and power generation plants. Its main markets include Saudi Arabia, Australia, the US, Europe, the Middle East, and Asia. Tasnee is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
26707, P.O Box, Riyadh, 11496
Website
www.tasnee.com/en
Telephone
966 1 12222205
No of Employees
962
Industry
Chemicals
Ticker Symbol & Exchange
2060 (SAU)
Revenue (2022)
$951.9M
-8.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-73.8%
(2022 vs 2021)
Market Cap*
$2.5B
Net Profit Margin (2022)
XYZ
-71.5%
(2022 vs 2021)
* As of and is in US$
National Industrialization Co premium industry data and analytics
Products and Services
| Products |
|---|
| Petrochemical Products |
| Titanium Products |
| Downstream Products |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In August, the company and The Children with Disability Association launched the Physiotherapy Clinic. |
| 2023 | Contracts/Agreements | In June, the company signed a cooperation and partnership agreement with the Charity Committee to care Ensan’s beneficiary orphans. |
| 2023 | Contracts/Agreements | In May, the company entered into an agreement with the Saudi Food Bank Association for sustainable food program. |
Competitor Comparison
| Key Parameters | National Industrialization Co | Sahara International Petrochemical Co | Yanbu National Petrochemical Co | Advanced Petrochemical Co | Basic Chemical Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Riyadh | Khobar | Yanbu | Jubail | Dammam |
| State/Province | - | - | Al Madinah | - | - |
| No. of Employees | 962 | 818 | 1,105 | - | 376 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Talal Al Maiman | Vice Chairman | Executive Board | - | - |
| Fawaz Mohammad Al-Fawaz | Chief Executive Officer | Senior Management | 2024 | - |
| Mubar??ak A. Al Khafrah | Chairman | Non Executive Board | 2022 | - |
| Saeed Al-Ajrafi | Vice President - Downstream | Senior Management | - | - |
| Yasser Al-Daajani | Vice President - Commercial and Business | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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