IHS Chemical Week

Regions :: Middle East

Advanced more than doubles second-quarter profits on higher volumes and lower feedstock prices

2:10 AM MDT | July 8, 2013 | Natasha Alperowicz

Advanced Petrochemical Co. (Al Jubail), a producer of propylene and polypropylene, has announced preliminary interim financial results for the period ended 30 June. The company reports a more than doubling of net profits, to 137 million Saudi riyals ($36.5 million), in the second quarter compared with SR53.9 million in the corresponding period of 2012. The profits were also 16% higher than in the first quarter of 2013. The estimated gross profit in the second quarter was SR151 million compared with SR67.8 million in the year-earlier period. Operating income in...

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