Wednesday 3 September 2014
 
»
Tag
 
»
petchem

Petchem prices 'may rise in next 3 years'

The global outlook for petrochemical demand over the next three years is positive and there is room for prices to rise, the chief executive of Saudi Basic Industries Corp (Sabic) said on Sunday.

More…

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

More…

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

More…

Aramco to invest $100bn in downstream

Oil giant Saudi Aramco said its downstream investments would exceed $100 billion over the next decade, as global demand for oil rises by a quarter in the next 25 years. "Globally, these investments will exceed $100 billion ov

More…

Oman's Orpic awards $3.6bn plastics complex deals

State-owned Oman Oil Refineries and Petroleum Industries Co (Orpic) said it had awarded two contracts for construction of a $3.6 billion plastics production complex, the Liwa Plastics Project. Engineers India of New Delhi will ope

More…

Sabic Q4 profit up 5.7pc to $1.64bn

Saudi Basic Industries Corp (Sabic), one of the world's largest petrochemical groups and the Gulf's biggest listed firm, reported a 5.7 per cent rise in fourth-quarter net income, missing analysts' forecasts. The compa

More…

Petchem, banks boost Saudi stocks

Saudi shares ended higher on Saturday, lifted by gains in the petrochemical and banking sectors. The all-share added one per cent to hit 7,010 points and the petrochemical index added 0.7 per cent to 6,090 points. Saudi Basic Indu

More…

Saudi slightly up after budget announcement

Saudi stocks closed slightly higher on Saturday after the government announced a 2013 state budget which analysts said was likely to support continued strong economic growth next year. The market declined early on in response to a

More…

Saudi ends flat as petchem losses weigh

Saudi shares closed flat on Saturday at 6,888 points as gains in banking stocks were offset by losses in the petrochemical index. The banking index ended 0.1 per cent higher at 15,153 points and the petrochemical index ended 0.2 p

More…

Saudi plunges on petchem, banking loss

Saudi stocks closed lower on Saturday, dragged down by losses in petrochemical and banking sectors. The all-share ended 0.9 percent lower at 6,774 points. The petrochemical index ended 0.8 per cent lower at 5,964 points. Petrochemical gian

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads