Wazen Al-Solami, CEO of Yanbu National Petrochemical Co. (Yansab)
Wazen Al-Solami, CEO of Yanbu National Petrochemical Co. (Yansab), said global economic activity showed relative stability in Q1 2026, supported by sustained demand and with PMI levels indicating expansion. 
Markets were affected by geopolitical developments, particularly in the region, leading to disruptions in global trade flows and heightened volatility in energy and coal markets, Al-Solami said in a statement on Q1 results.
This, in turn, drove rapid shifts in supply-demand balances and pricing trends in the petrochemicals sector.
Despite these challenges, Yansab delivered resilient and disciplined operational performance, supported by high operational reliability.
The company maintained uninterrupted operations with no unplanned shutdowns, reflecting the effectiveness of its proactive maintenance programs and advanced reliability practices.
He added that the company posted solid performance in its polymer portfolio output, while continuing to enhance product value through efficiency improvement initiatives and optimal asset utilization.
According to Argaam data, Yansab’s net profit fell to SAR 11.2 million in Q1 2026, compared to SAR 13.7 million in the same period of 2025.
Wazen Al-Solami, CEO of Yanbu National Petrochemical Co. (Yansab)
Wazen Al-Solami, CEO of Yanbu National Petrochemical Co. (Yansab), said global economic activity showed relative stability in Q1 2026, supported by sustained demand and with PMI levels indicating expansion.
Markets were affected by geopolitical developments, particularly in the region, leading to disruptions in global trade flows and heightened volatility in energy and coal markets, Al-Solami said in a statement on Q1 results.
This, in turn, drove rapid shifts in supply-demand balances and pricing trends in the petrochemicals sector.
Despite these challenges, Yansab delivered resilient and disciplined operational performance, supported by high operational reliability.
The company maintained uninterrupted operations with no unplanned shutdowns, reflecting the effectiveness of its proactive maintenance programs and advanced reliability practices.
He added that the company posted solid performance in its polymer portfolio output, while continuing to enhance product value through efficiency improvement initiatives and optimal asset utilization.
According to Argaam data, Yansab’s net profit fell to SAR 11.2 million in Q1 2026, compared to SAR 13.7 million in the same period of 2025.
