Saudi Kayan receives profits of USD640m in 2021 as petrochemical sector blossoms

MOSCOW (MRC) -- Saudi Kayan Petrochemical Co., an affiliate of Saudi Basic Industries Corp (SABIC), has seen its 2021 earnings turn into profits of SR2.39 billion (USD640 million), buoyed by higher selling prices and sector-wide growth, according to ArabNews.As the economic situation improved globally, the homegrown firm managed to erase losses of SR785 million from a year earlier, accord

Full article at mrcplast.com