Saudi Advanced Company CEO expects additional returns from copolymer production

The CEO of Advanced Petrochemical expected the new plant to achieve an additional return of between $40 and $60 per ton of copolymer production, as production began and reached full capacity by the end of last year. Despite the company's losses in the second quarter due to rising feedstock costs and a 55% decline in propane supplies, the plant is currently contributing to improving the company's results since the second half of last year, through increased production capacity and reduced costs, with a focus on maintaining profit margins and enhancing operational efficiency.

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