image description
image description
Tell A Friend

FinancialNews


  • 14-10-12

    Saudi Sahara Petrochemical wins USD107m loan

    (MENAFN) Saudi Arabia-based Sahara Petrochemical Co. has won a three-year medium-term revolving credit facility of USD107 million, Reuters reported. The company said in a statement on the Saudi bourse (Tadawul) it will use the cash to support both the company's working capital and to aid future investments. The company also reported a 55 percent decline in third-quarter profit to USD11.64 million from USD26 million a year earlier. The Jubail-based producer makes basic petrochemicals including propylene, acrylic acid, ethylene, low and high-density polyethylene, caustic chlorine and ethylene dichloride.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved