IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Acetic acid

Sipchem's Third-Quarter Net Profits Down 60%

2:05 PM MST | November 3, 2009 | Natasha Alperowicz

Sipchem has reported a 60% decline in net profit in the third quarter of this year to SR54.7 million ($14.6 million). Operating profit in the third quarter was SR31.6 million against SR257.9 million in the third quarter of 2008. Sipchem's net profit in the nine months of this year was SR84.3 million compared with SR502 million in the nine months of 2008. Operating profit during the nine months of 2009 was down 95% to SR45.5 million. Sales were not disclosed. Sipchem cites continuous decrease in petrochemical prices due to the international economic crisis and to...

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 member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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