Petrochemical | October 09, 2025
Aramco completes acquisition of additional 22.5% stake in Petro Rabigh for $702 million
Aramco becomes largest shareholder, enhancing its ability to support Petro Rabigh’s transformation
Aramco becomes largest shareholder, enhancing its ability to support Petro Rabigh’s transformation
Net income attributable to owners of the parent was ¥38.6 billion
The new facility captures 300 metric tons of CO2 per day directly from MEG plant
Selling prices for synthetic resins, methyl methacrylate and various industrial chemicals improved due to an increase in raw material prices.
Market prices of petrochemical products, synthetic resins and synthetic fibers increased due to recovery of demand and an increase in raw material prices.
Company reported consolidated sales revenue of ¥1,325.2 billion, an increase of ¥278.4 billion year on year during H1 2021
Its core operating income was ¥147.6 billion
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