National Industrialization Company (Tasnee)
National Industrialization Company (Tasnee)'s Overview
The National Industrialization Company (Tasnee) is a prominent Saudi Arabian joint-stock company established in 1985. It is one of Saudi Arabia's largest industrial companies and a key player in the petrochemical, chemical, and metals industries. Tasnee is committed to industrial diversification and growth within Saudi Arabia and globally, focusing on innovation, sustainability, and value creation. Its diverse portfolio includes products like propylene, polypropylene, acrylic acid, superabsorbent polymers, and titanium dioxide (through its significant stake in Tronox), serving various sectors including automotive, construction, packaging, and consumer goods. Tasnee aims to be a global leader in its chosen industries, contributing significantly to the Kingdom's Vision 2030.
Where is National Industrialization Company (Tasnee)'s Headquarters?
HQ Function
Serves as the central hub for corporate management, strategic planning, financial operations, human resources, and oversight of Tasnee's diverse business units and global ventures.
Notable Features:
Located in the modern Business Gate complex, known for its contemporary architecture, advanced infrastructure, and business-friendly environment, offering a prestigious corporate address.
Work Culture:
Tasnee fosters a professional, collaborative, and dynamic work environment focused on innovation, operational excellence, safety, and achieving strategic objectives in line with Saudi Vision 2030. Emphasis is placed on employee development and ethical practices.
HQ Significance:
The Riyadh headquarters is crucial for coordinating Tasnee's extensive industrial activities within Saudi Arabia and its expanding international footprint, symbolizing its importance in the national economy and its global ambitions.
Values Reflected in HQ: The headquarters' location and design likely reflect Tasnee's commitment to professionalism, growth, technological advancement, and its role as a leading industrial entity in the Kingdom contributing to Vision 2030.
Location:
Tasnee maintains a significant global presence through its extensive export activities, international sales and marketing networks, and strategic investments in global companies, most notably its large shareholding in Tronox, a leading vertically integrated titanium dioxide (TiO2) producer with operations across North America, Europe, Asia-Pacific, and Africa. Tasnee's own products, including petrochemicals and polymers, are marketed and sold to customers in over 70 countries across Asia, Europe, the Middle East, Africa, and the Americas. This global footprint supports international market development, customer relationship management, supply chain optimization, and participation in global industry standards and innovation.
Street Address:
Business Gate, Building C2, Airport Road, P.O. Box 26707
City:
Riyadh
State/Province:
Riyadh Province
Country:
Saudi Arabia
National Industrialization Company (Tasnee)'s Global Presence
Jubail Industrial City, Eastern Province, Saudi Arabia
Address: Various plant locations within Jubail Industrial City (e.g., Saudi Ethylene and Polyethylene Company, Saudi Polyolefins Company, Tasnee Petrochemicals Complex)
Serves as a primary manufacturing and export hub for Tasnee's petrochemical and chemical products, leveraging Jubail's world-class industrial infrastructure and port facilities for global distribution.
Yanbu Industrial City, Al Madinah Province, Saudi Arabia
Address: Cristal Global's former titanium dioxide plants (now operated by Tronox, in which Tasnee is a major shareholder), located within Yanbu Industrial City.
Key location for inorganic chemical manufacturing, particularly titanium dioxide. Yanbu's port and industrial infrastructure support production and export activities.
Al Khobar, Eastern Province, Saudi Arabia
Address: Likely a regional office supporting operations in the Eastern Province.
To provide localized support and management for Tasnee's extensive industrial assets, projects, and business interests in the Eastern Province, a hub for the petrochemical industry.
Global (via Tronox and sales networks)
Address: Multiple international offices and production sites through Tronox (e.g., in USA, Europe, Australia, Asia) and Tasnee's direct sales channels and representative offices.
To expand market reach for petrochemicals and chemicals, manage international assets, ensure global supply chain efficiency, and engage with global customers and partners.
Buying Intent Signals for National Industrialization Company (Tasnee)
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Executive Team of National Industrialization Company (Tasnee)
As of April 2025, National Industrialization Company (Tasnee)' leadership includes:
Investors of National Industrialization Company (Tasnee)
National Industrialization Company (Tasnee) has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
In the last 12-18 months, Tasnee has experienced key leadership adjustments, notably the appointment of a new Executive Vice President for Finance & Support Functions (CFO) and a resignation in a senior HR and Corporate Services role. These changes are part of the company's ongoing efforts to strengthen its leadership team and align with strategic priorities.
Departures
New Appointments:
Technology (Tech Stack) used by National Industrialization Company (Tasnee)
Discover the tools National Industrialization Company (Tasnee) uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
National Industrialization Company (Tasnee) Email Formats and Examples
National Industrialization Company (Tasnee) primarily uses the email format combining the first initial of an employee's first name with their full last name, followed by '@tasnee.com'. This is a common corporate email structure.
[first_initial][lastname]@tasnee.com
Format
jsmith@tasnee.com
Example
85%
Success rate
News and media
Argaam • May 7, 2024
National Industrialization Company (Tasnee) turns to net profit of SAR 103.6M in Q1 2024
National Industrialization Co. (Tasnee) reported a net profit of SAR 103.6 million in Q1 2024, a significant turnaround from a net loss of SAR 155.6 million in the year-earlier period. The positive result was attributed to higher sales volumes, improved profit margins for certain products, and an increased share in profit from investments in associates and joint ventures....more
Tasnee / Tadawul • March 14, 2024
National Industrialization Company (Tasnee) Board Proposes H2 2023 Cash Dividend Distribution
Tasnee's Board of Directors recommended distributing cash dividends of SAR 0.50 per share for the second half of 2023, totaling approximately SAR 334.3 million. This proposal underscores the company's financial performance and its commitment to delivering shareholder returns....more
Tasnee / Tadawul • February 28, 2024
National Industrialization Company (Tasnee) Reports FY 2023 Financial Results Highlighting Resilience Amidst Market Challenges
Tasnee announced its financial results for the fiscal year 2023, reporting a net loss of SAR 453 million, compared to a net profit of SAR 726 million in 2022. The results were impacted by lower average selling prices for most products and decreased share of profit from investments in JVs and associates, despite higher sales volumes for some products and improved performance in the downstream segment....more
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