National Industrialization Company (TASNEE), ordinary share
2060, SA0007879170

The National Industrialization Company (TASNEE) is a major Saudi Arabian Petrochemical company with interests in a wide range of other concerns such as chemicals, plastics, engineering and other industrial services. The company is the second largest ...

The National Industrialization Company (TASNEE) is a major Saudi Arabian Petrochemical company with interests in a wide range of other concerns such as chemicals, plastics, engineering and other industrial services. The company is the second largest industrial company in Saudi Arabia and the second largest producer of titanium oxide in the world. TASNEE was established in 1985 as the first joint-stock industrial company fully owned by the private sector, to promote or participate in a range of high value industrial arenas. In 2006, TASNEE acquired a 51% holding in petrochemical holdings specialist, National Petrochemical Industrialization Company (NPIC) which has since seen the companys focus lean more towards the petrochemical industry to capitalize on Saudi Arabias extensive oil reserves.