SNEP Turnover Up 40.4% to €1.2 Billion in 2023
- The National Society of Electrolysis and Petrochemistry (SNEP) announced a turnover of 359.8 million Moroccan Dirham (DH) for the first half of 2025.
- This growth is primarily attributed to increased sales volumes of vinyl products, occurring within a market context of elevated polyvinyl chloride (PVC) prices.
- SNEP's investment activity during the first half of 2025 totaled 14.8 million DH, a decrease from the 41.3 million DH invested by the end of June 2024.
SNEP Reports Strong First-Half 2025 Financial Performance
Revenue Growth Driven by vinyl Product Sales
The National Society of Electrolysis and Petrochemistry (SNEP) announced a turnover of 359.8 million Moroccan Dirham (DH) for the first half of 2025. This represents a important increase of 40.4% compared to the same period in 2024.
This growth is primarily attributed to increased sales volumes of vinyl products, occurring within a market context of elevated polyvinyl chloride (PVC) prices. Second-quarter 2025 turnover reached 173.1 million DH,marking a 20.5% enhancement.
Strategic Investment and Debt Management
SNEP’s investment activity during the first half of 2025 totaled 14.8 million DH, a decrease from the 41.3 million DH invested by the end of June 2024. This shift indicates a focus on stabilizing and optimizing existing industrial capabilities rather than large-scale expansion.
The company maintained a stable financial debt level of 829.4 million DH throughout the reporting period.