Profile: NIC | National Industrialization Co.

SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

National Industrialization Co. NIC
NIC 0.14%
Capital Goods 2.02%
TASI 0.43%
Last Value
% Change
Price in SAR Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
Symbol NIC
Exchange Saudi Arabia
Sector Capital Goods
Auditors Ernst & Young
Company Description

The National Industrialization Company (TASNEE) is a diversified industrial company with interests in petrochemical products, chemical products, metal products, diversified products and services.

Company Activities

TASNEE has integrated its industries and diversified its products and services to cover wide sectors of local, regional and offshore customers markets. It has introduced a variety of unique products and services which include:

Petrochemical Products:- Polypropylene, High density Polyethylene, Low density Polyethylene and Acrylic Acid & derivatives.

Chemical Products:- Titanium Dioxide, Chlorine and derivatives thereof.

Metal Products:- Lead & Metallurgical Products (Steel Wire, Castings and Trucks Axles)

Diversified Products: - Car Batteries, Plastic Sheets, Bi- axially Oriented Polypropylene, Geo-membrances, Injection Products and Corrugated Carton Sheets

Services:- Polyolefins, Technical Inspection, Life Safety & Fire Protection and Management Systems

Equity Profile
Date Established May 19, 1985
Listing Date N/A
Paid-up Capital (SAR) 6,689,141,660
Outstanding Shares 668,914,166
Shares Per Value 10
Contact Information

P.O. Box 26707, Riyadh 11496, Kingdom of Saudi Arabia.

+966 11222 2205

+966 11400 2255



Company History

The National Industrialization Company (TASNEE) was established in 1405H, corresponding to 1985, as the first joint-stock industrial company fully owned by the private sector. The company pursued the path of industrialization as one of the best options for diversification of the economic base and boosting of the overall growth in Saudi Arabia.

Board Members & Senior Management
Eng. Mubarak Bin Abdullah Al-Khafra Chairman
Dr. Moayyed Bin Issa Al-Qurtas Vice Chairman
Eng. Saleh Bin Fahad Al Nazha CEO
Mr. Sabah Taysir Barakat Board of Directors
Mr. Hesham Sayed Abdulrazaq Al Rozouki Board of Directors
Dr. Talal Bin Ali Al Sha'ir Board of Directors
Mr. Solaiman Bin Abdulqader Al-Mohaideb Board of Directors
Mr. Badr Bin Ali Al-Dakheel Board of Directors
Eng. Talal Bin Ibraheem Al Mayman Board of Directors
Dr. Nazeeh Bin Hassan Naseef Board of Directors
Eng. Saleh Bin Abdulwahab Al Terkait Board of Directors
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