National Industrialization Co. engages in the business of industrial investment and transferring advanced industrial technology in the areas of manufacturing and transforming petrochemical and chemical, engineering, and mechanical industries; management and ownership of petrochemical and chemical projects; and marketing their products. It operates through the following segments: Chemicals, Petro-Chemicals, Downstream and Others. The Chemicals segment includes investment in TiO2 business; production of titanium sponge and its by-products; and project under progress for production of titanium metals of various types and related substances including Titanium and Iron ore. The Petro-Chemicals segment focuses on the basic chemicals and polymers. The Downstream and Others segment is involved in the production of liquid batteries for cars, lead and sodium sulphate, and acrylic panels. The company was founded on June 25, 1985 and is headquartered in Riyadh, Saudi Arabia.