Sunday 21 December 2014
 
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Qurain Petrochemicals

Qurain Petchem suffers $6.85m loss

Kuwait-based Qurain Petrochemicals Industries Company (QPIC) has registered a net loss of KD1.9 million ($6.85 million) for 2010 compared to KD7.09 million ($24.8 million) net profit in the same period the previous year. The company announ

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Qurain Petchem suffers $5.6m loss

Kuwait-based Qurain Petrochemicals Industries Company (QPIC) has registered a net loss of KD1.58 million ($5.64 million) for the first nine months compared to KD7.79 million in the same period last year. The company's net earning

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Qurain plant cost $700m

Kuwait's Qurain Petrochemicals said it expected costs for an Algerian methanol plant contract it has won as part of a consortium to amount to $700 million. Algeria officials had put the costs of the plant, which Qurain will build with a co

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Qurain Petrochemicals shares soar

Shares in Kuwait's Qurain Petrochemicals almost quadrupled in their market debut, after an initial public offering which ranked as the Gulf state's biggest-ever share issue. Qurain had sold 990 million shares at 100fils each for 99m dinars

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