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 to a significant net loss in the second quarter of 2015, according to exchange filings released Monday....

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