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SABIC says feedstock supplies return to normal

SABIC says feedstock supplies return to normal
The feedstock shortage has not resulted in any material financial impact
SABIC
2010
-2.00% 78.40 -1.60

Riyadh – Mubasher: The Saudi Basic Industries Corp. (SABIC) announced that its feedstock supplies gradually improved to reach their regular levels on Thursday, 26 September.

Following Aramco’s attacks on its oil facilities on 14 September, SABIC pointed out on 18 September that its feedstock supplies curtailment fell to 30% after it was seen at 49%.

The company said that the feedstock shortage has not resulted in any material financial impact, according to a disclosure to the Saudi Stock Exchange (Tadawul) on Thursday.