The National Industrialization Company, which is popularly known to be as Tasnee, is among one of the top Saudi Arabia’s leading industrial firms. The company has a very innovative approach to manufacturing and dedication to sustainable practices, The National Industrialization Company (Tasnee) has become one of the symbols of progress and diversification in the country’s financial system.
Tasnee was founded in the year 1985, the National Industrialization Company was the first privately-owned joint-stock company in the kingdom of Saudi Arabia in the petrochemical and industrial field.
This industrialization setup was driven by the Country’s Vision to decrease dependence on oil exports and develop a robust industrial base.
Real questions and answers about the Petrochemical Manufacturing Company
| Feature – Definition | Full details |
|---|---|
| Who is the founder of the manufacturing company? | The specific person or the name of the founder is not widely available anywhere. |
| In what year was the manufacturing company founded? | The company was founded in the year 1985. |
| Where is manufacturing located? | Riyadh, Saudi Arabia. |
| Who is the CEO of the manufacturing company? | Mr. Fawaz M. Al-Fawaz since April 1, 2024. |
| Is the manufacturing company Islamic? | () |
| What is the full name of the manufacture? | National Industrialization Company |
| What is the main product of the manufacturing company? | Tasnee focuses primarily on petrochemicals and chemical manufacturing. |
| How many employees does the manufacturing company have? | Employs around 8,000 people. |
| What is the market value of the manufacturing company? | Tasnee has a market value of around 6.957 billion SAR, which is equal to around 1.855 billion USD. |
| Is the manufacturing company a private company? | Tasnee is not a private company. |
| Where can I buy manufacturing company shares? | Tadawul, Al Rajhi Capital, Samba Capital, NCB Capital, Riyad Capital, Aljazira Capital. |
| What is the best platform to buy manufacturing stocks? | Tadawul |
(Petrochemical Industries Company) – Stock Details 2024
Below are some details related to Petrochemical Industries Company (Tasnee) shares, please refer to them.
Stock symbol: The National Industrialization Company, commonly or popularly known as Tasnee, is listed on one of the popular Saudi Stock Exchange platforms “Tadawul” under the ticker symbol 2060.
Stock Price: At this time (while writing this post) the stock price of Tasnee aka National Industrialization Company is round to around 10.40 SAR, showing a slight down momentum of 0.76% over the last 24 hours. Over the last year, the company stock has shown a downfall of around 13.62%. Tasnee trades under the ticker symbol 2060 on the most used Saudi Exchange platform (Tadawul)?.
Market Cap: As of the year 2024 November, the market valuation of the National Industrialization Company (Tasnee) is round to around 7.63 billion to 7.73 billion SAR. The data and the values totally depend on the source and recent trading fluctuations?.
Dividends: As of the year 2024, Tasnee (National Industrialization Company) has not declared any of the recent dividend distributions. As per the previous data, Tasnee has distributed dividends intermittently, with significant payment releases were occurring in earlier years, such as in the year 2015, at that time the dividend yield was 4.26%.
Ownership and Share Structure: Tasnee (The National Industrialization Company) ownership is totally influenced by a mix of institutional and individual investors, and has an important stake held by key entities. The company’s major shareholders include prominent institutional investors like Saudi government-related entities and private sector stakeholders. Public shareholders, Subsidiaries, and affiliates.
(Manufacturing – Saudi Petrochemical Industrialization Company) – Founder’s Biography 2025
Tasnee, the National Industrialization Company, was started in the year 1985, the company has the goal of advancing the kingdom (Saudi Arabia) in its industrial sector. However the Tasnee company does not explicitly mention a singular founder, it was formed by a group of Saudi entrepreneurs with the point of view of diversifying the economy.
What is the market value of Saudi Petrochemical Industries Company – Tasnee – 2025?
As of the year 2024, the market valuation of Tasnee (National Industrialization Company) is round to around SAR 8.63 billion (which is near to USD 2.3 billion). The company’s market cap has shown lots of ups and downs, however, the company stock price ranges somewhere around SAR 10.94 and SAR 15.70 over the last year?.
(Saudi Petrochemical Industrialization Company) Manufacturing Will you invest in its shares in 2025?
Yes, you can invest in National Industrialization Company shares. They have great potential and have performed very well over time. They also have a very strong foundation. If you’re looking for a stock for your investment portfolio, National Industrialization Company would be a great choice for you. However, before that, all the gains and losses will be in your hands, and this article has nothing to do with that.
