IHS Chemical Week

Regions :: Middle East

Petro Rabigh Reports Massive Drop in First Quarter Net Profits

3:11 AM MDT | April 17, 2012 | Natasha Alperowicz

Rabigh Refining & Petrochemical Company (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, announces a major drop in net income in the quarter ended March 31, 2012. Net profit in the quarter was SR115.8 million ($30.9 million) compared with SR698.5 million in the same period of the previous year. Net profit was 130% higher compared with the SR50.3 million reported in the fourth quarter of 2011, however.   Gross profit in the first quarter was SR381.5 million against SR939.1 million in the same quarter of the...

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