Riyadh – Mubasher: Alujain Corp’s subsidiary, the National Petrochemical Industrial Co (NATPET), will undergo a scheduled major maintenance for its Propylene and Polypropylene Complex in Yanbu Industrial City.

The complex will be shut for a period of 24.5 days starting from 9 April 2017, according to a bourse filing on Wednesday.

The company noted that the suspension is not considered as a loss in production and revenues, and the expected revenue had been taken into account in the budget of 2017.

The financial impact will appear in the financial results of the second quarter of 2017, depending on the expected prices of feedstock and the products, the statement said.