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....