Demand for Sipchem products grow in Europe; sales up 4% in H1

RIYADH: Saudi petrochemicals maker Sipchem witnessed a strong demand for its products in Europe in the second quarter of 2022 leading to a 4 percent rise in its half-year sales.
During the same period, the company managed to reduce its debt to SR4.34 billion ($1.2 billion) resulting in a lower debt-to-equity ratio, CEO Abdullah Al-Saadoon told Argaam.