Yansab sees petchem demand to remain stable in Q4 2025

Logo of Yanbu National Petrochemical Co. (Yansab)

Yanbu National Petrochemical Co. (Yansab) expected petrochemical demand to remain stable in the fourth quarter of 2025.

In a statement to Tadawul on its third-quarter results, the company said geopolitical developments remain a key factor as it enters Q4, with potential for short-term price fluctuations.

Yansab added that demand for monoethylene glycol (MEG) fell during the summer due to reduced polyester production in Asia, while overall polyethylene demand was stable.

Polypropylene demand, however, increased, particularly in Asia, backed by the trade agreement between the US and China. In the US, lower prices encouraged inventory rebuilding, while demand was weaker in the Middle East and Europe, the statement said.

According to Argaam data, Yansab posted a net profit of SAR 132.4 million for the first nine months of 2025, falling 71% from SAR 454.9 million a year earlier. Third-quarter net profit stood at SAR 74.2 million.