Kuwait Styrene says 2013 sales topped $915m

March 4, 2014 3:17 am

The Kuwait Styrene Co (TKSC) has reported $180m in net income for the fiscal year ending December 31, 2013, Kuna has reported. Production last year reached a record 500,000 metric tonnes, driving sales beyond the $915m threshold, compared with $667m a year earlier, said TKSC chief executive, Adel Al-Munifi. The high revenues were attributed to growing global demands on Styrene Monomer (SM), coupled with high-standard environment and safety measures, he added.