Altanmiah Industrial Commercial Investment Co
Al-Tanmiah is Saudi Closed Stock Company established in Al-Tanmiah capitalized to invest in Oil and Gas, Petrochemical, Metal, Mining, Power supported industries. Al-Tanmiah has its experts throughout the kingdom; building solutions that help customers meet complex business challenges. At Al-Tanmiah, you will find opportunities across technologies and geographies. Learn about these opportunities at Al-Tanmiah commitment to helping its customers experience certainly.
Arcelor Mittal Jubail - Bin Jarallah Group Of Companies
ArcelorMittal Jubail, Tubular Products has a 51% participation in a joint venture agreement with the Bin Jarallah Group of companies for the design and construction of a seamless tube mill in Saudi Arabia.
This state of the art facility will be located in Jubail Industrial City, north of Al Jubail on the Persian Gulf. The mill will have a capacity of 600,000 tons per year. About two thirds of its capacity will be used for OCTG, and the remainder for line pipe, in sizes ranging from 4 inch to 14 inch. Its location provides access to international sea lanes through the Persian Gulf as well as proximity to energy sources. The plant is expected to be commissioned in 2010. The management and operations will be under control of ArcelorMittal’s Tubular Products Division.
About Arcelor Mittal
ArcelorMittal is the world's leading steel and mining company, with a presence in more than 60 countries.
ArcelorMittal is the leader in all major global carbon steel markets, including automotive, construction, household appliances and packaging, with leading R & D and technology. The Group also has a world class mining business with a global portfolio of over 20 mines in operation and development, and is the world’s 4th largest iron ore producer. With operations in over 22 countries spanning four continents, the Company covers all of the key industrial markets, from emerging to mature, and has outstanding distribution networks.
Through its core values of sustainability, quality and leadership, ArcelorMittal commits to operating in a responsible way with respect to the health, safety and well-being of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment. It takes a leading role in the industry's efforts to develop breakthrough steelmaking technologies and is actively researching and developing steel-based technologies and solutions that contribute to combat climate change. ArcelorMittal is a member of the FTSE4Good Index and the Dow Jones Sustainability World Index.
In 2011, ArcelorMittal had revenues of $94.0 billion and crude steel production of 91.9 million tonnes, representing approximately 6 per cent of world steel output. The Group's mining operations produced 54 million tonnes of iron ore and 8 million tonnes of metallurgical coal.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal visit: www.arcelormittal.com.
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