A look at Yansab results in Q3 2021
- Date: 26-Oct-2021
- Source: Argaam
- Sector:Industrial
- Country:Saudi Arabia
A look at Yansab results in Q3 2021
A Yansab plant
The profits of Yanbu National Petrochemical Co. (Yansab), a 51%-owned by Saudi Basic Industries Corporation (SABIC), came below analysts' expectations during the third quarter of 2021, as a result of maintenance work and an increase in feedstock prices. Yansab’s results included a reduction in value due to maintenance work.