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Heavy Industries

Investee

Companies

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 HOLDING COMPANY
FOULATH HOLDING COMPANY, based in Bahrain, is an investment vehicle and holding company primarily focused on investing in the steel industry

GIC owns 50% of Foulath.

Website: www.foulath.com.bh

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 achieved full commercial operations status in 2021. GIC owns 25% of MISCO.

Website: www.miscooman.com

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