What Does TASNEE Do?

Total employees2575
HeadquartersRiyadh
Founded1985

The National Industrialization Company (Tasnee) is a prominent Saudi Arabian joint-stock company established in 1985. As one of the largest industrial conglomerates in the Kingdom of Saudi Arabia and the Middle East, Tasnee is a key player in petrochemicals, chemicals, metals, and other diversified industrial products. The company is committed to advancing Saudi Arabia's industrial base, contributing significantly to the national economy and Vision 2030 goals through innovation, sustainable practices, and strategic global partnerships. Tasnee aims to be a leading global player in its chosen industries, delivering value to its shareholders, customers, employees, and the community.

Where Is TASNEE's Headquarters?

TASNEE officeTASNEE officeTASNEE officeTASNEE office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for strategic decision-making, corporate governance, financial management, human resources, and overall operational oversight for Tasnee's diverse industrial portfolio.

Notable Features:

A modern office complex within the Business Gate area, designed for efficiency, collaboration, and to reflect Tasnee's status as a leading industrial entity. It likely incorporates advanced communication facilities and employee amenities.

Work Culture:

Professionally driven, focusing on innovation, safety, operational excellence, and sustainability. There is an emphasis on contributing to Saudi Arabia's industrial growth and Vision 2030 objectives, fostering a culture of continuous improvement and teamwork.

HQ Significance:

Symbolizes Tasnee's leadership in the Saudi industrial sector and its commitment to national economic diversification. It's the nerve center for a company with significant local manufacturing capabilities and a growing international footprint.

Values Reflected in HQ: The headquarters' design and operations likely reflect Tasnee's core values such as integrity, responsibility, innovation, customer focus, and teamwork.

Location:

Tasnee has a significant global presence, anchored by its extensive manufacturing operations in Saudi Arabia (Jubail and Yanbu). Beyond manufacturing, Tasnee supports global functions through a network of international offices and partnerships. These functions include international sales and marketing, supply chain management, customer technical support, procurement, and business development. Tasnee exports its products to numerous countries across Asia, Europe, Africa, and the Americas, maintaining regional offices (e.g., in Singapore, UAE, Germany, Switzerland, Turkey, China, USA) to cater to its international clientele and manage its global supply chains effectively.

Street Address:

Business Gate, Building C3, Airport Road, P.O. Box 26707

City:

Riyadh

State/Province:

Riyadh Province

Country:

Saudi Arabia

Where Else Does TASNEE Operate Around the World?

Jubail Industrial City, Eastern Province/Saudi Arabia

Address: Various industrial complexes within Jubail Industrial City (e.g., Saudi Ethylene and Polyethylene Company, Saudi Polyolefins Company). Specific plant addresses vary.

Serves as the primary manufacturing base for Tasnee's petrochemical and chemical products, supplying both domestic and international markets. Key for production, quality control, and innovation in manufacturing processes.

Yanbu Industrial City, Medina Province/Saudi Arabia

Address: Industrial complexes within Yanbu Industrial City (e.g., for Titanium value chain products). Specific plant addresses vary.

Key site for Tasnee's metals business unit and downstream diversification, contributing to the development of advanced materials industries in Saudi Arabia.

Global Sales & Marketing Offices (e.g., Singapore, Singapore; Dubai, UAE; various locations in Europe and USA)

Address: Varies by specific office location.

To expand and maintain Tasnee's global market share, build customer relationships, and ensure efficient distribution and service in key international regions.

Buying Intent Signals for TASNEE

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading TASNEE? Meet the Executive Team

As of April 2025, TASNEE' leadership includes:

Mutlaq Hamad Al-Morished - Chief Executive Officer (Retiring effective Dec 31, 2024)
Fawaz Mohammed Al-Fawaz - Executive Vice President, Finance & Support Functions (CEO Designate, effective Jan 1, 2025)
Fares Saleh Al-Otaibi - Executive Vice President, Petrochemicals SBU
Dr. Laith Ahmed Al-Bassam - Executive Vice President, Strategic Projects & Business Development
Hatem Ahmed Al-Shammari - Executive Vice President, Human Capital

Who's Investing in TASNEE?

TASNEE has been backed by several prominent investors over the years, including:

Public Investment Fund (PIF) of Saudi Arabia
General Organization for Social Insurance (GOSI)
Various other institutional and individual shareholders (as a publicly listed company on Tadawul)

What Leadership Changes Has TASNEE Seen Recently?

Hire1
Exits1

The most significant executive news for Tasnee in the recent period involves the planned transition of the Chief Executive Officer role. Mutlaq Al-Morished announced his retirement, and Fawaz Al-Fawaz has been appointed as his successor, effective January 1, 2025. This reflects strategic succession planning within the company.

Departures

Mutlaq Hamad Al-Morished, Mutlaq Al-Morished announced his retirement from the position of CEO, effective end of year 2024, after a distinguished tenure.

New Appointments:

Fawaz Mohammed Al-Fawaz, Fawaz Al-Fawaz appointed as the new CEO of Tasnee, succeeding Mutlaq Al-Morished. He previously served as EVP, Finance & Support Functions.

What Technology (Tech Stack) Is Used byTASNEE?

Discover the tools TASNEE uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

TASNEE Email Formats and Examples

Common email formats for large corporations like Tasnee often follow patterns such as [first_initial][last]@[companydomain.com] or [first_name].[last_name]@[companydomain.com]. Based on general corporate practices, a likely format is utilized.

[first_initial][last]@tasnee.com

Format

falmorished@tasnee.com (example for Fawaz Al-Morished, purely illustrative)

Example

75%

Success rate

What's the Latest News About TASNEE?

Argaam2024-10-08

Tasnee names Fawaz Al-Fawaz as CEO

National Industrialization Co. (Tasnee) announced that its board of directors approved today, Oct. 8, the appointment of Fawaz Al-Fawaz as the company’s CEO, effective Jan. 1, 2025. This followed the board’s acceptance of CEO Mutlaq Al-Morished’s desire to retire by year-end, according to a statement to Tadawul....more

Tasnee Website (Press Release section)2024-05-15

Tasnee Reports Net Profit of SAR 63 million in Q1 2024

Tasnee announced its financial results for the first quarter of 2024, reporting a net profit of SAR 63 million. The company highlighted stable operations and ongoing efforts to optimize costs and improve efficiency amidst challenging global market conditions....more

Zawya2023-11-20

Saudi Tasnee's advanced metal subsidiary signs technology licensing deal with US firm

Tasnee's Advanced Metal Industries Cluster Company (AMIC), equally owned by Tasnee and Cristal, signed a technology license agreement with US-based Kuttner Inc. to produce high-purity Ti-sponge, a key material in the aerospace and defense industries....more

Highperformr's free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including TASNEE, are just a search away.