IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

Sipchem reports higher third-quarter profits

7:44 AM MDT | October 23, 2013 | Natasha Alperowicz

Saudi International Petrochemical Co. (Sipchem; Al Khubar), citing higher prices and margins and lower charges, today reported a rise in third-quarter profits. Net profit rose 18.9%, to 185.2 million Saudi riyals ($49.4 million). Operating profit was 11% higher, at SR318.8 million. Sales have not been disclosed. Net profit in the first nine months declined 4.5%, to SR423.7 million, and operating profit was close to 8% lower, at SR808 million. A planned maintenance shutdown of most of Sipchem’s plants during the first quarter was the main reason for the...

This information is only available to Chemical Week subscribers.

Username:
Password:

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