Advanced Petrochemical back in the black in 2025

Advanced Petrochemical Company swung to a net income of SAR 226 mn in 2025, compared to a net loss of SAR 259 mn a year earlier, driven by higher sales volumes and lower feedstock costs, it said in a disclosure to Tadawul. Revenue surged 59.7% y-o-y to SAR 3.5 bn, buoyed by a 79% jump in sales volumes following the start of commercial operations at Advanced Polyolefins Industry Company in 3Q 2025, despite an 11% drop in netback prices.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

MEANWHILE- The Saudi Export-Import Bank inked an export credit ins. policy worth over SAR 800 mn with Advanced Petrochemical Company, the bank said on X on Thursday. The agreement will cover the risk of non-payment by international buyers of petrochemical products, helping safeguard the company’s export operations and back its expansion plans in overseas markets, state news agency SPA reports.