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Last SR8.45 SAR
Change Today +0.02 / 0.24%
Volume 4.3M
KAYAN On Other Exchanges
Saudi Arabia
As of 7:05 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

saudi kayan petrochemical co (KAYAN) Snapshot

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52 Week High
09/9/14 - SR19.05
52 Week Low
08/24/15 - SR7.40
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saudi kayan petrochemical co (KAYAN) Details

Saudi Kayan Petrochemical Company operates in the petrochemical and chemical fields in Saudi Arabia. The company’s products include ethylene for use as a feed stock for polyethylene and ethylene glycol; propylene for use as a feed stock for polypropylene and cumene; benzene for use as a feed stock for cumene plant; polypropylene for automotive industry, electric appliances, hot water pipe systems fibers, and film wraps; high density polyethylene for automotive gasoline tanks, pipes, bottles, and containers; and low density polyethylene. It also offers ethylene oxide used as a feed stock to ethylene glycols, polycarbonates, and ethanolamines; monoethylene glycol used in polyester fiber, soft drinks package, antifreeze and coolants, heat transfer fluids, and chemical intermediates; diethylene glycol used in unsaturated polyester resins, polyurethanes, plasticizers, grinding aids, gas dehydration, printing inks, and paint pigments; and triethylene glycol for dehydration of industrial gases and solvents, and plasticizers. In addition, the company provides cumene used as a feed stock to phenol plant; phenol used as a feed stock to Bisphenol-A plant; acetone for use in solvents, and BPA and methyl methacrylate manufacturing; bisphenol A used in polycarbonates and epoxy resins; polycarbonate used in optical media, construction and housing, automotives, aircrafts, electronic components, lenses, toys, hobby items, and medical appliances; and triethanolamine. Further, it offers diethanolamine and monoethanolamine used in gas sweetening, detergent and specialty cleaning formulations, concrete mixtures, flexible urethane foam catalysts, pharmaceuticals, personal care products, and herbicides; ethoxylates for the detergent, paint, and leather industry; N-Butanol used in solvents, plasticizers, and coatings; iso-butanol for use in gasoline and deicing fluids; and natural detergent alcohol. The company is based in Jubail, Saudi Arabia.

saudi kayan petrochemical co (KAYAN) Top Compensated Officers

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Executives, Board Directors

saudi kayan petrochemical co (KAYAN) Key Developments

Saudi Kayan Petrochemical Company Reports Earnings Results for the Six Months Ended June 30, 2015

Saudi Kayan Petrochemical Company reported earnings results for the six months ended June 30, 2015. For the period, the company reported net loss of was SAR 605.06 million, or SAR 0.4 loss per share, compared to a net loss of SAR 123.15 million, or SAR 0.08 loss per share, for the same period ended June 30, 2014.

Saudi Kayan Petrochemical Co Announces Earnings Results for the Second Quarter of 2015

Saudi Kayan Petrochemical Co announced earnings results for the second quarter of 2015. For the quarter, the company narrowed its net loss to SAR 13.4 million from SAR 133.1 million in the same period of 2014 following a drop in feedstock costs. However, the company's bottom line was hit by a drop in production and sales volumes as well as a decrease in the average selling prices for most of its products. Operational profit rose to SAR 150 million in the second quarter of 2015 from SAR 8 million in the same period of 2014.

Saudi Kayan Announces Board Changes

The Saudi Kayan Board of Directors approved the appointment of Fahad M. Al-Dawood as a board member on June 14 to complete the Board's current term, succeeding Turki A. Al-Hamdan, who resigned on June 2. Saudi Kayan has announced that this appointment will take effect immediately from the date of the Board's approval, and will be presented to the next regular General Assembly for approval. He has held several leadership positions in SABIC, and is currently the Vice President, Olefins and Gases BU, Chemicals SBU.


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