HEAVY INDUSTRIES

INVESTEE

COMPANIES

cristal
CRISTAL

Cristal, based in Jeddah, was the second largest titanium dioxide producer in the world.

In 2019, Cristal sold its titanium dioxide business to Tronox and in return now owns 24% shares in Tronox, listed in NY Stock Exchange. Cristal also holds 50% shares in Advanced Metal Industries Company, which is currently developing titanium based projects in Saudi Arabia. GIC owns 20% of Cristal.

Website : www.cristal.com

FOULATH
FOULATH HOLDING COMPANY
MISCO
MOON IRON & STEEL COMPANY

MOON IRON & STEEL COMPANY (MISCO), is a 1.2 Million Tons capacity steel complex with Billet and Rebar manufacturing facility,

located in Sohar (Oman) and is expected to start its operations in the last quarter of 2019. GIC owns 25% of MISCO.

Website: www.miscooman.com

tmk
TMK GULF INTERNATIONAL PIPE INDUSTRY

TMK GULF INTERNATIONAL PIPE INDUSTRY (TMK GIPI), based in Sohar (Oman), is a manufacturer of High Pressure Steel Line pipes and Casing pipes.

TMK GIPI manufactures Welded pipes and high pressure Electric Resistance Welded Steel pipes. GIC owns 14.2% of TMK GIPI.

Website: www.tmk-gipi.tmk-group.com