| Element List |
Explanation |
| Introduction |
With reference to the Rabigh Refining and Petrochemical Company (Petro Rabigh) announcement published on the Tadawul on November 29, 2022 regarding the scheduled Phase II turnaround maintenance, the company would like to announce the completion of the mentioned scheduled shutdown, which began on December 1, 2022 and the gradual start of operation of all units that have been maintained, ahead of the deadline for this maintenance. This turnaround maintenance will ensure the safety, stability of future operations, in addition to reliability of the company's production plants and improving their efficiency. It is the first maintenance of its kind to be carried out for the units of Phase II, where this turnaround will not affect the production operations of the Phase I. |
| Previous Announcement |
Rabigh Refining and Petrochemical Company (Petro Rabigh) announces the scheduled Phase II turnaround maintenance |
| Date of Previous Announcement on Tadawul's Website |
2022-11-29 Corresponding to 1444-05-05 |
| Percentage of fulfilled achievement |
100% |
| Event's Expected Completion Date |
Jan 23, 2023 |
| Reasons for Exceeding the Announced End Date |
N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
The financial impact of the aforementioned turnaround cannot be accurately estimated at the present time, and it will appear on the results of the Q4, 2022 and Q1, 2023. |
| Impact of the Delay on the Company's Financial Results |
N/A |
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