31 Jan 2019

The Kuwait Styrene Company Announced Record $211 mm net profits for 2018

 

The Kuwait Styrene Company (TKSC), announced record net profits of USD 211 million for the fiscal year ending in December 31, 2018.

 

January 31, 2019

 

The Kuwait Styrene Company (TKSC), announced record net profits of USD 211 million for the fiscal year ending in December 31, 2018.

Commenting on the results, TKSC CEO Adel Al-Munifi said, “TKSC achieved record results in 2018 with an increase of 124% in net profit and a production exceeding our 450,000 metric tons annually (MTA) nameplate production capacity of SM, while it continued to deliver a significant performance in major markets including China, South East Asia and India.”

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