By increasing our global presence, staying in the forefront of new titanium technologies,
protecting the environment, and giving back to the communities where we work, Cristal strives to be a model corporate citizen and a name synonymous with the benefits
of titanium products.
In May 2007, Cristal acquired Millennium Inorganic Chemicals, combining the two
companies’ diverse manufacturing platforms to become one unified global producer.
The acquisition propelled Cristal to be the world's second largest producer
of titanium dioxide (TiO2).
Cristal now directs the operation of eight TiO2 manufacturing
plants on five continents, with locations in Ashtabula, Ohio; Baltimore, Maryland;
Salvador, Bahia; Stallingborough, UK; Thann, France; Yanbu, Saudi Arabia; Bunbury,
Australia; and a mine site in Paraiba, Brazil.
Strengthening the Titanium Value Chain
In 2008, Cristal further expanded its titanium value chain through the acquisitions
of Bemax and International Titanium Powder. Now known as Cristal Mining, it is one of Australia’s premier mineral sands companies and is headquartered in Perth,
Western Australia. Cristal Mining is the largest producer of leucoxene, the sixth largest
producer of rutile and the seventh largest producer of zircon globally.
ITP International Titanium Provider (ITP) was formed in 1997, now known as Cristal Metals, it was formed in 1997, now to develop and commercialize Armstrong Process™
patented and proprietary technology to produce high-purity metal and alloy powders
with specific emphasis on titanium.
By broadening the titanium product line and extending the company’s reach, Cristal is positioned perfectly to deliver the diversity, R&D, innovation, specialization
and support our customers demand.
About Tasnee (owns 79% of Cristal)
Tasnee (also known as The National Industrialization Company of Saudi Arabia) was established in 1985 as Saudi Arabia's first joint-stock industrial company fully owned by the private sector. Tasnee erects, manages, operates and owns petrochemical, chemical, plastic, engineering and metal projects and provides industrial services and markets its products through five major sectors. Driven by best business practices and the goal of achieving profitable and sustainable growth for its stakeholders and society at large, Tasnee is Saudi Arabia's second largest industrial company and through Cristal, one of the world's largest producers of titanium dioxide.
For more information, visit www.tasnee.com
About GIC (owns 20% of Cristal)
GIC is an investment company incorporated in the State of Kuwait on November 15, 1983 as a Gulf Shareholding Company. It is equally owned by the governments of the six member states of the Gulf Cooperation Council (GCC), i.e., Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. GIC was formed to foster economic growth, economic diversification and capital markets development across the GCC region. The corporation has a track record for successfully assisting private enterprise across a broad range of industry sectors and effectively delivering innovative investment opportunities.
For more information, visit https://www.gic.com.kw