IHS Chemical Week

World News and Views :: Top of the News

Advanced Petrochemical reports higher second-quarter profits

2:37 AM MDT | July 7, 2014 | Natasha Alperowicz

Advanced Petrochemical Co. (Advanced; Al Jubail), a producer of polypropylene (PP), reports an increase of 35% in its second-quarter net profit, to 185 million Saudi riyals ($49.3 million). It also increased net profit 35% compared with the first quarter. Gross profit in the second quarter was up 28%, to SR193 million, and income from operations was 31% higher, at SR183 million. Advanced cites higher prices and PP quantities sold during the quarter. Advanced operates a propane dehydrogenation and PP manufacturing complex at Al Jubail...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa