Yansab earnings drop 8% in Q3 2020
26.10.2020
MOSCOW (MRC) --В The net profits of Yanbu National Petrochemical Company (Yansab, Sabic's affiliate) fell by 7.8% year-on-year (YoY) over the third quarter (Q3) of 2020 to reach SAR 195.6 million, as per Chemweek.The drop in net earnings during Q3 was ascribed to lower average sales prices for most products and higher production's inputs average cost despite the growth in production and