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

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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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