Tawasul
Mubasher TV
Contact Us Advertising   العربية

Tasnee’s feedstock supplies curtailment drops to 25%

Tasnee’s feedstock supplies curtailment drops to 25%
Tasnee will continue working on evaluating the financial effects
TASNEE
2060
1.13% 12.48 0.14

Riyadh - Mubasher: The National Industrialization Company (Tasnee) said that the shortage in its feedstock supply from Saudi Aramco improved as it went down to 25% approximately from 41%.

The company’s feedstock supply is expected to reach normal levels by the end of September as stated by the Ministry of Energy, according to a disclosure to the Saudi Stock Exchange (Tadawul) on Wednesday.

Tasnee will continue working on evaluating the financial effects to determine the financial impact that followed the attack on the Saudi Aramco’s facilities over the weekend, while any new updates will be disclosed in due course.