Company Profile:
Company Type: Manufacturer (Factory)
Company Introduction:
Established in 1985, the National Industrialization Company (Tasnee) is Saudi Arabia's first joint-stock industrial company fully owned by the private sector. It has grown to become one of the largest petrochemical and industrial conglomerates in the Kingdom of Saudi Arabia and a major global competitor in the chemical and plastics industries.
Business Nature:
Tasnee is a Manufacturer (Factory). The company owns, operates, and manages state-of-the-art industrial complexes and petrochemical plants, primarily located in Al-Jubail Industrial City, Saudi Arabia. It is not a trading company; it directly produces raw materials and industrial goods.
Key Products and Operations:
1. Petrochemicals: Tasnee is a major producer of polymers, including Polypropylene (PP), High-Density Polyethylene (HDPE), and Low-Density Polyethylene (LDPE), which are essential raw materials for the global plastics manufacturing industry.
2. Chemicals: The company is one of the world's largest producers of Titanium Dioxide (TiO2) through its subsidiary Cristal. It also produces acrylic acid, butyl acrylate, and superabsorbent polymers.
3. Metallurgy and Downstream Industries: Tasnee has expanded into the metallurgical sector, producing titanium sponge and other high-value metal products.
Global Presence:
With massive production facilities in Saudi Arabia, Tasnee serves customers in over 120 countries worldwide. The company focuses on utilizing advanced technologies, maintaining high environmental standards, and contributing to Saudi Arabia's Vision 2030 by driving industrial diversification.