HEAVY INDUSTRIES

INVESTEE

COMPANIES

cristal
CRISTAL

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

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 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