At a glance
Société Nationale d’Électrolyse et de Pétrochimie (SNEP) produces PVC, the plastic used notably for pipes, as well as basic chemicals.
History
Société Nationale d’Électrolyse et de Pétrochimie (SNEP) was founded in 1973 and has been listed on the Casablanca Stock Exchange since 2007. It produces PVC, as well as caustic soda, chlorine, bleach and hydrochloric acid.
Latest published results
In the first half of 2026, revenue rose 5.4% to MAD 379.3 million. EBITDA turned positive at MAD 4.3 million. The operating loss narrowed to MAD 32.5 million from MAD 93.8 million, and the net loss to MAD 53.6 million from MAD 108.6 million.
What to watch
PVC demand, which the company says remains weak, and market volatility.
Key dates
- 1973
Company founded.
- 2007
First listing on the Casablanca Stock Exchange.
- 2026
Losses halved in the first half thanks to industrial efficiency gains.
Sources: Boursenews, SNEP : résultats du premier semestre 2026, September 25, 2026; African Markets, fiche société SNEP, October 29, 2026.
Profile updated on October 29, 2026.