Saudi petrochemicals companies mostly reported improved profits for the second quarter and the first half of 2014, with better market conditions reflected in higher market capitalization for all players.
State-owned petchems giant SABIC saw profits rise 7% in the second quarter compared to the same period a year earlier with the firm’s market capitalization ending the first half 25% higher than the end-2013 figure (see table). (CONTINUED - 521 WORDS)
