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SABIC's quarterly profit drops 85% on lower sales prices - Vimarsana News

SABIC's quarterly profit drops 85% on lower sales prices

Saudi Basic Industries Corp , one of the world's biggest petrochemical companies, said on Thursday its second-quarter net profit slumped 85% on lower average sales prices. The company...

Sabic's Q2 profit plunges 85% on lower sales prices - Vimarsana News

Sabic's Q2 profit plunges 85% on lower sales prices

Saudi Basic Industries Corp (Sabic), a global petrochemical gaint, has reported a 85% plunge in its net profit for Q2 which fell to SR1.2 billion ($315 million) from SR8 billion ($2.1 billion) last year, mainly due to low average sales volume and prices.

Indian Refiner Drops Expansion Plan To Focus On Petrochemicals - Vimarsana News

Indian Refiner Drops Expansion Plan To Focus On Petrochemicals

A major Indian refiner is shifting its focus to petrochemicals and has shelved plans to expand its refinery capacity.

Long Steel Market Size 2023, Key Futuristic Trends, SWOT - Vimarsana News

Long Steel Market Size 2023, Key Futuristic Trends, SWOT

PUNE, May 22, 2023 (GLOBE NEWSWIRE) -- "Long Steel Market" research report focus on overall information that can help to take decisions on current market...

Lower oil prices send Saudi oil giant Aramco's first quarter profit down 19% - Vimarsana News

Lower oil prices send Saudi oil giant Aramco's first quarter profit down 19%

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.