Saudi Arabia’s Tasnee reports Q2 loss following cost increase and sales drop

By Myles McCormick
Published: Monday, 27 July 2015

The Saudi TiO2 producer attributed the results to a combination of lower product sales prices and higher costs.

Saudi Arabia-based titanium dioxide (TiO₂) and petrochemicals producer National Industrialization Co. (Tasnee)slid toa significant net loss in the second quarter of 2015, according to exchange filings released Monday.

At Saudi riyal (SR)107.7m ($28.7m*), the loss for the three months ending 30 June 2015 is a substantial slump when...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.

Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.

Request a quote