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Saudi petrochem exports fall
- Saudi Arabia: Thursday, October 01 - 2009 at 12:05
According to figures by the Saudi Central Department of Statistics, the kingdom's petrochemicals exports fell 27.8% in July compared with the same month last year, after dropping 22.2% in the second quarter, Reuters has reported. Exports of petrochemicals made in Saudi Arabia had amounted to SR2.49bn ($664m) in July, compared with SR3.45bn in July last year, the figures showed. Petrochemicals and plastics, produced by companies such as state-controlled Saudi Basic Industries Corp (Sabic) and Sipchem, account for about 54% of the overall value of the country's non-oil exports.
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StaffThursday, October 01 - 2009 at 12:05 UAE local time (GMT+4)
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