Please wait...
GulfBase Live Support
- Stocks gain as traders bet on interest rate moves
- Bleak end to the year as German business morale drops
- Dubai inflation eases to 2.7% in November
- Oman advances national halal system to boost export competitiveness
- Oman launches RO150mn sukuk issuance
- Tourism Projects Worth $9 Billion Being Implemented in Saudi Arabia's Eastern Province
- Closing Bell: Saudi main index closes in red at 10,414
- QIIB lists 1st Islamic sukuk in QSE history
- stc signs five-year deal with Ericsson to advance Saudi digital infrastructure
- Sharjah National Oil Corporation advances vision for energy future leveraging RISE with SAP
11/04/2016 10:16 AST
Saudi Kayan Petrochemical Co. restarted on Sunday a plant that produces ethylene glycol and oxide ethylene after scheduled maintenance and some technical repairs, the company said on Monday.
The affiliate of Saudi Basic Industries Corp (SABIC) said in January that it would shut the plant down on March 1 for 48 days, having initially postponed the work from last October.
The shutdown would also halt the production of polycarbonate, ethoxylates and amines for 53 days.
Kayan said on Monday that all plants which depended on the ethylene glycol and oxide ethylene complex would be restarted according to a set timeframe.
Kayan said previously that the financial impact of the shutdown would amount to about 96 million riyals ($25.6 million), which would be reflected in its first- and second-quarter results.
Three analysts polled by Reuters have, on average, forecast that Kayan will make a net loss of 373.77 million riyals in the first quarter, a narrower loss than the corresponding period of 2015. ($1 = 3.7499 riyals)
Reuters
22/10/2017
Net income of SAR 381.0mn, beats Al Jazira Capital estimate and market consensus. Net income was supported by higher than expected operating rate and higher margins. Gross margin increased on YoY bas
GulfBase
19/01/2016
Aljazira Capital stated in their recently issued research report that the government of Saudi Arabia recently raised natural gas, fuel, Petchem feedstock, and electricity prices to curb deficit. It i
GulfBase.com
14/01/2016
Saudi Kayan Petrochemical Co. swung to a net loss in the fourth-quarter, it reported on Thursday.
The company, an affiliate of Saudi Basic Industries Corp (SABIC), made a net loss of 624.1
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 59.55 | 0.00 (0.00 |
| SABIC | 54.95 | 0.00 (0.00 |
| SABICAGRINUTRIENTS | 116.00 | 1.00 (0.86 |
| YANSAB | 30.42 | -0.10 (-0.33 |
| LUBEREF | 94.70 | 0.75 (0.79 |
18/12/2025
Qatar International Islamic Bank (QIIB) listed its sukuk on the Qatar Stock Exchange (QSE) Wednesday, marking a landmark milestone as the first Islamic sukuk to be traded in the QSE's history.
Gulf Times
18/12/2025
stc Group, a leading digital enabler in Saudi Arabia, has signed a new five-year master frame agreement (MFA) with Ericsson to accelerate the delivery of advanced digital infrastructure and boost tec
Trade Arabia
18/12/2025
Tabreed, the world's leading district cooling company, has announced a new sustainability partnership with Sparklo, a UAE-based cleantech company building smart recycling infrastructure.
Th
Trade Arabia
18/12/2025
Action Energy Company (AEC), a leading Kuwaiti onshore drilling and oilfield services provider, said it has successfully commenced trading on Boursa Kuwait's Premier Market following the completion o
Trade Arabia
17/12/2025
Gulf Bank announced the graduation of the first cohort of its Risk Management Academy, launched in collaboration with Gulf University for Science and Technology (GUST), marking a step that reflects t
Kuwait Times
Financial Information Co.
Saudi Arabia