IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

Sabic Second-Quarter Profit Down on First Quarter, on Lower Prices and Higher Costs (Updated)

4:11 AM MDT | July 22, 2010 | Natasha Alperowicz

Sabic's net income in the second quarter ended June 30, 2010 was SR5.02 billion ($1.34 billion), 177% up on the same period in 2009 but lower than first quarter's net income of SR5.43 billion. The company attributes the increase in net income in the second quarter compared to the corresponding period of 2009 to increased production and sales volumes with new capacity coming onstream at its Sharq and Yansab subsidiaries and at its joint venture with Sinopec at Tianjin, China. "Additionally, the improved pricing environment for most of the products had a...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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