National Industrialization Company (2060.SR) SAU

9.92

-0.07999992(-0.80%)

Updated at June 03 01:59PM

Currency In SAR

National Industrialization Company

Address

The Business Gate, Building No. C3

Riyadh, Riyadh Province 11496

Saudi Arabia

Phone

966 11 222 2205

Sector

Basic Materials

Industry

Chemicals

Employees

1463

First IPO Date

March 04, 2010

Key Executives

NameTitlePayYear Born
Fawaz Mohammed Al-FawazChief Executive Officer, Executive Vice President of Finance & Acting Executive VP of Support Functions01962
Mutlaq bin Hamad Al-MorishedExecutive Director471,0001957
Emad Al HajiChief Financial Officer0N/A
Sulaiman Al KhattafVice President of Technology, Innovation & SBU Petrochemicals0N/A
Zekeriyya GemiciExecutive Vice President of Strategy & Growth0N/A
Khalid A. Al KhaterVice President of Manufacturing0N/A
Saeed A. Al-AjrafiVice President of Downstream0N/A
Fadi Bin Mohamed Saeed TrabzuniExecutive Vice President of Metallurgy Sector0N/A
Yasser F. Al DaajaniVice President of Commercial & Business0N/A

Description

National Industrialization Company operates in the petrochemicals, chemicals, plastics, engineering, and metals sectors worldwide. The company operates through three segments: Chemicals, Petrochemicals, and Downstream & Others. It produces titanium dioxide, ethylene, polyethylene, propylene, polypropylene, butyl acrylate, acrylic acid, super absorbent polymers, butanol, titanium sponges, and plastic sheets and other plastic products. The company also offers technical industrial services; manufactures steel and non-steel castings; produces towed steel wires, spring wires, steel wires for cables, and twisted reinforcement wires to carry the electrical conductors, as well as for use in concrete and welding wires; and produces and markets liquid batteries for vehicles and industrial use; and lead and sodium sulphate. In addition, it conducts technical tests on industrial facilities; chemical, petrochemical, and metal plants; and water desalination and electricity generating plants, as well as sets up various plastic industries. Further, the company engages in the inspection of mechanical equipment and industrial instruments, quality management, and environment systems; provides academic training, information technology consultancy, and laboratory testing services; gathers, recycles, and sells used and damaged batteries, lead, plastics, industrial materials, and environmental waste; produces and markets acrylic boards; and markets chemical, petrochemical, and plastic items. Additionally, it produces plastic pallets and pipes, agri-films, and waste-water treatment products; and industrial dyes and paints. National Industrialization Company was incorporated in 1985 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.