IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

Saudi firms Tasnee, Petrochem, and Sipchem report mixed second-quarter performances

3:26 AM MDT | July 17, 2013 | Natasha Alperowicz

More Saudi chemical firms reported their second-quarter results today. The National Industrialization Co. (Tasnee; Riyadh) says its second-quarter net profit was down 48%, to 303.1 million Saudi riyals ($80.8 million), and its operating profit was 45% lower, at SR652.9 million. The company cites lower titanium dioxide margins due to lower prices and higher manufacturing costs. Tasnee also reports lower petrochemical sales volumes.   National Petrochemical Co. (Petrochem)—the owner of Saudi Polymers, a joint venture with Chevron Phillips...

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