National Industrialization Co 2018 AR2
The report outlines the operational, financial, and sustainability performance of the National Industrialization Company (Tasnee) for the fiscal year 2018. The company achieved a net profit of SR 1,202 million, driven by improved operating performance and higher average selling prices of titanium dioxide. Tasnee expanded its downstream operations with the start of production at the Taldeen Downstream Complex and advanced its metallurgy projects in Jazan and Yanbu. In sustainability, the petrochemical business unit published its first sustainability report, and the company implemented various energy and water conservation initiatives, including saving 30,000 cubic meters of fresh water.
Company: National Industrialization Co
Sector: Manufacturing
Country: Saudi Arabia
Year: 2018
Type: AR2
Pages: 71
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National Industrialization Co
Annual Report
The report outlines the operational, financial, and sustainability performance of the National Industrialization Company (Tasnee) for the fiscal year 2018. The company achieved a net profit of SR 1,202 million, driven by improved operating performance and higher average selling prices of titanium dioxide. Tasnee expanded its downstream operations with the start of production at the Taldeen Downstream Complex and advanced its metallurgy projects in Jazan and Yanbu. In sustainability, the petrochemical business unit published its first sustainability report, and the company implemented various energy and water conservation initiatives, including saving 30,000 cubic meters of fresh water.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees