Saudi Basic Industries Corporation (SABIC) announces feedstock supplies for some of its subsidiaries is back to normal levels
| Element List | Explanation |
|---|---|
| Introduction | Following the announcement of the Saudi Basic Industries Corporation (SABIC) on Tadawul website on September 18, 2019 regarding a curtailment of feedstock supplies for some of its subsidiaries.
(SABIC) announces that the supply levels of feedstock from Saudi Aramco has gradually been improving, reaching the normal levels today, Thursday, 26/9/2019 |
| Previous Announcement | (SABIC) announces an improvement in the supplies from Saudi Aramco where curtailment went down from 49% to 30%, with the expectation to reach normal levels by end of September as stated by the Ministry of Energy |
| Date of Previous Announcement on Tadawul's Website | 2019-09-18 Corresponding to 1441-01-19 |
| Progress | %100 |
| Event's Expected Completion Date | Thursday, 26/9/2019 |
| Expenses Related to the Event, Whether They Changed or Not and Justification | After evaluating the final effects, there is no material financial impact. |
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