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Petrochem

Petrochem latest

Saudi Petrochem Companies' Revenues Recover by 368 Percent in Q1
May 6th, 2021 - 12:00 GMT

Saudi Petrochem Companies' Revenues Recover by 368 Percent in Q1

Saudi petrochemical producers listed on the Tadawul stock exchange reported net profits of SR8.5 billion ($2.27 billion) in the first quarter (Q1) of this year, a 368.1 percent rebound from the SR3.2 billion losses over the same period in 2020, according to data from financial information website Argaam . The huge turnaround was due to increased prices and a surge in sales. Saudi petrochemicals giant SABIC , which accounts for ...
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SIIG, Petrochem Start Merger Discussions
September 21st, 2020 - 11:00 GMT

SIIG, Petrochem Start Merger Discussions

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