Update Yansab Yanbu National Petrochemical Co Saudi Yanbu Petrochemical Company and other saudi yanbu petrochemical company


Update Yansab Yanbu National Petrochemical Co Saudi Yanbu Petrochemical Company saudi yanbu petrochemical company 15 06 2020 Company Profile Yansab is a Saudi joint stock company established in 2005 with authorized issued and fully paid share capital consis9ng of 562 5mn shares of SAR10 each It is an integrated petrochemicals player with a total produc9on capacity of 4mn tons encompassing a wide range of petrochemicals from basic chemicals saudi yanbu petrochemical company Yanbu National Petrochemical Company YANSAB Saudi Arabia Global Research Saudi Arabia Global Investment House 2 Yanbu National Petrochemical Company Yanbu National Petrochemical Co Financial Performance Outlook Financial Performance in 2008 The financial performance of YANSAB remained lower than our initial expectations which was mainly due to blank top line in 2008 Yanbu National Petrochemical Company Yansab Yanbu National Petrochemical Company Yansab Chemicals 19 September 2008 abc providing an alternative use for the gas and bidding up prices Gas prices in the US have remained stubbornly high ever since and it is widely acknowledged that a gas price regime in the range of USD6 8 Yanbu National Petrochemical Co YANSAB Yanbu National Petrochemical Co YANSAB Investment Update June 2020 Company Overview YANSAB established in 2006 is a 51 owned subsidiary of SABIC The company has a total production capacity of around 4 mn tones of petrochemical products such as Ethylene Propylene Polyethylene Polypropylene and Ethylene Glycol Yanbu National Petrochemical Co YANSAB Yanbu National Petrochemical Co YANSAB result came above estimates exceeding AJC and market consensus profits estimates of SAR 622 1mn and SAR 628 9mn respectively YANSAB posted net income of SAR 777 9mn indicating an increase of 28 2 YoY and 20 7 QoQ The company



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