Thursday 23 October 2014
 
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sipchem

Sipchem blames shutdowns for profit drop

Saudi International Petrochemical Company (Sipchem) blamed plant shutdowns as it reported a 13.3 per cent drop in third-quarter net profit on Tuesday that missed analysts' forecasts. Sipchem made a profit of SR160.6 million ($

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Sipchem affiliate restarts butanediol plant

An affiliate of Saudi International Petrochemical Company (Sipchem) restarted butanediol production on Monday after scheduled maintenance, Sipchem said. The International Diol Company plant, which has an annual capacity of 75,000

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Sipchem affiliate restarts butanediol plant

An affiliate of Saudi International Petrochemical Company (Sipchem) restarted butanediol production on Monday after scheduled maintenance, Sipchem said. The International Diol Company plant, which has an annual capacity of 75,000

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Sipchem unit shuts plant for upgrade

Saudi International Petrochemical Co (Sipchem) said on Sunday that an affiliate had suspended butanediol production for scheduled maintenance to improve the efficiency of operations. Sipchem said in a bourse filing that the shutdo

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Sipchem affiliate shuts plant for upgrade

Saudi International Petrochemical Co (Sipchem) said on Sunday that an affiliate had suspended butanediol production for scheduled maintenance to improve the efficiency of operations. Sipchem said in a bourse filing that the shutdo

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Sipchem Q2 net profit jumps 41pc

Saudi International Petrochemical Co (Sipchem) beat analysts' forecasts with rises in profit margins and sales on Sunday as second-quarter net profit jumped 41 per cent. Sipchem made a profit of 244.6 million riyals ($65.3 mil

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No change in Sipchem growth plans: CEO

Saudi International Petrochemical Co (Sipchem) said its performance and growth plans remain on track despite the recent decision to end merger talks with Sahara Petrochemical. The duo said on Sunday they had decided to postpone me

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Sipchem, Sahara call off merger talks

Saudi International Petrochemical Co (Sipchem) and Sahara Petrochemical called off their proposed merger on Sunday, citing an inadequate regulatory framework in the kingdom for the collapse. The tie-up, which would have created a

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Sipchem, Sahara call off merger talks

Saudi International Petrochemical Co (Sipchem) and Sahara Petrochemical called off their proposed merger on Sunday, citing an inadequate regulatory framework in the kingdom for the collapse. The tie-up, which would have created a

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Sipchem Q1 net profit rises 6.5pc

Saudi International Petrochemical Co (Sipchem) missed analysts' forecasts by a wide margin on Thursday after unplanned shutdowns limited its first-quarter net profit increase to 6.5 percent. Sipchem made a profit of 68.7 milli

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