15. 03. 2009 - 10:30 am
Saudi Kayan Petrochemical Company announces the annual financial results from inception (June 12, 2007) to December 31, 2008 (19 months).

1- Net profit from inception (June 12, 2007) to December 31, 2008 was 494.08 million and there is no previous periods for comparison.
2- The profit per share in this 19 months period is SAR 0.33 .
3- These profits are the result of “Murabaha” investments of cash balances of the paid capital. The construction of complex units is being financed from these balances and all profits and losses shown are considered as non-operational ... [more]
16. 07. 2008 - 09:02 am
An affiliate of the Saudi Basic Industries Corporation (SABIC), the Saudi Kayan Petrochemical Company (SAUDI KAYAN), today (Saturday, May 31, 2008) entered into US$6 billion financing arrangements (SR 22.5 billion ) for 15 years with a group of banks and financial institutions to finance part of the expenses of building its new (Saudi Kayan) complex in Jubail Industrial City.... [more]
28. 6. 2006 - 09:12 am
SAUDI KAYAN has awarded Kellogg Brown & Root (KBR) a contract for engineering, procurement and construction of a 1,350,000 tons per annum Olefins Plant. The plant will be erected at the SAUDI KAYAN Cracker complex in the Jubail Industrial City, Kingdom of Saudi Arabia... [more]
26. 6. 2006 - 08:42 am
The Saudi Kayan Petrochemical Company (under construction) today signed a Letter of Intent (LOI) with Flour Company to construct off-site utilities for KAYAN’s complex in Jubail industrial city in the Kingdom of Saudi Arabia... [more]
4. 2. 2006 - 10:02 am
Mohamed Al-Mady, Vice Chairman and CEO of Saudi Basic Industries Corporation (SABIC), announced today that SABIC is a strategic partner in the formation of the Saudi Kayan Petrochemical Company. This follows the signing of partnership agreements with Kayan for the establishment of the public stock company... [more]
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