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NIC - National Industrialization Co.   Discuss Recommendations
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National Industrialization Co. (NIC) 
Stock Market Saudi Stock Exchange
Official Sector Petrochemical Industries (14)
Market Cap Size Med-Cap (26)
GulfBase Sector Basic Material (49)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 25/06/1985
Paid-Up Capital (SAR): 4,606,846,860
Par Value Per Share (SAR): 10.00
No. of Employees: 964
Major Shareholders
Al-Shair Co. for Trading, Industry & Contracting 11.30%
Gulf Investment Est. 7.90%
Kingdom Holding Co. 6.20%
Swicorp Joussour Co. 5.80%
Olayan Saudi Investment Co. Ltd. 5.70%
General Organization for Social Insurance (GOSI) 5.50%
SPIMACO 5.20%
National Industries Group Holding Co. 5.20%
Activity
Industrial investments, transfer of industrial technology to the Kingdom in particular, and the Arab Region in general, in the field of industry and conversion of petrochemicals, chemical, engineering and mechanical industries, industrial investments and technical industrial services. NATIONAL INDUS. CO. has investments in other national companies namely: Al-Rowad National Plastic Co. 99.91%, National Worldwide Ind. Advancement Co. 98.53%, Battaryat 80%, Rassas 71.74%, CRYSTAL 66%, National Operation & Ind. Services Co. 61.67%, Fahss 57.94%, R. W. T. U. V. - Middle East 57.94%, Arabian Company for Axles, Foundries & Spare Parts 55.41%, National Petrochemical Industrialization Co. 51.04%.
Subsidiaries, Associates & Joint Ventures
Company
Al-Rowad National Plastic Co. (Rowad)
Bemax Resources NL Co. (BEMAX)
International Titanium Powder
National Gulf Co. for Petrochemical Technology
National Industrialization Co. for Industrial Investment
National Industrialization Petrochemical Co.
National Industrialization Petrochemical Marketing Co.
National Worldwide Industrial Advancement Co.
Saudi Makaseb Int'l Co. for Trading & Industry
Al Rowad International Packaging Co.
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, SAR 303.50 million, a decrease of 42%. 18/10/2009
Net profit announced for the 1st Half of the year 2009, SR 66.2 million, a decrease of 82%. 18/07/2009
Net loss announced for the 1st Quarter of the year 2009, SR 25.80 million, compared to a net profit of SR 148.02 million for the same period last year.20/04/2009
Cash dividend of SR 1 per share approved for the year 2008.29/03/2009
Cash dividend of SR 1 per share announced for the year 2008.18/02/2009
more...
Saudi chemical firm to buy US titanium producer  (Reuters - 08/10/2008)
SR2.6 billion chemical firm to be launched   (Arab News - 18/06/2008)
Saudi titanium producer launches bid for Bemax   (Saudi Gazette - 28/05/2008)
Al-Maiman Named Tasnee Board Member  (Arab News - 27/02/2007)
SNIC Fourth Quarter Net Profits up 127%  (Arab News - 23/01/2007)
more...

Key People Contacts
Chairman: Eng. Mubarak A. Al Khafrah
General Manager: Moayyed I. Al Qurtas
Board Members: Hisham S. Al Razzuqi
Mohammad I. A. Bu-Hulaiga
Mohammad O. Al Juaid
Nazeeh H. Naseef
Salah A. M. Al Tarkit
Saleh J. Malaikah
Talal A. Al Shair
Talal I. Al Maiman
Moayyed I. Al Qurtas
Auditors: Deloitte & Touche Bakr Abu Khair & Co.
E-mail Address: general@tasnee.com
Website: http://www.tasnee.com
Postal Address: P.O. Box 26707, Riyadh 11496
Phone: +966 1 476 7166
Fax: +966 1 477 0898
Telex: 406662 TASWAT SJ
 
TASI-Petrochemical Industries Index
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