Advanced Petrochemical Co

Saudi’s Advanced Petrochemical, SK Gas to build plants worth $1.8bn
Subsidiary AGIC and SK Gas have formed a joint venture named Advanced Polyolefins Company to
Khalifa Al Mulhem appointed Advanced Petrochemical chairman
Petrochemical giant also formed the new board in its fifth term effective from 1 October
Estimated Q2'19 net profit at Saudi's Advanced Petrochemical drops 24%
Reduced net profits attributed to drop in sales volume and increased consumption of outsourced propylene
Saudi's Advanced Petrochemical names CEO as Al Garawi exits
Incoming chief Fahad Salem Al Matrafi is currently VP of technical services at the downstream
Saudi Arabia petrochem firm Advanced's Q1 profit grows 66%
Tadawul-listed chemical giant's Q1 2019 financials revealed a 29% year-on-year hike in revenues as material

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Construction Week - Issue 765
Jun 29, 2020