Riyadh – Mubasher: The Saudi Arabian Fertilizer Company (SAFCO) announced a 30% shortage in feedstock supplies in the company’s plants starting Monday, 16 September 2019.

SAFCO expects the feedstock output to be restored in the coming days, according to a disclosure to the Saudi Stock Exchange on Tuesday.

Following the attack on Saudi Aramco’s plants, SAFCO is currently working on evaluating the final effects to determine the financial impact. Any further updates will be disclosed in due course pursuant to relevant rules and regulations, SAFCO highlighted.

In the meantime, Rabigh Refining and Petrochemical Company (Petro Rabigh) announced an 8% and 12.5% decline in its ethane gas and raw oil supplies, respectively, starting Saturday, 14 September.

Earlier this week, nine Saudi companies pointed out a feedstock shortage following Aramco’s drone strikes over the weekend.