IHS Chemical Week

World News and Views :: Top of the News

Sipchem Posts a Doubling in Profits

8:00 AM MST | January 17, 2011 | Ian Young

Saudi International Petrochemical Co. (Sipchem) says its net profits more than doubled in the fourth quarter of 2010 compared with the corresponding period of 2009, to SR125 million. Operating profits also more than doubled, to SR282 million, Sipchem says. Sales were not disclosed. The big increases in profits reflect an improvement in the operational performance of Sipchem's plants, resulting in bigger production volumes for methanol and butanediol, the company says. "In addition, 2010 witnessed an improvement of the sales and prices of these products, and...

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