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Feedstock supplies reach normal levels - Advanced Petrochemical

Feedstock supplies reach normal levels - Advanced Petrochemical
Advanced Petrochemical evaluated the final effects of the decline in supplies
ADVANCED
2330
16.04% 43.40 6.00

Riyadh – Mubasher: The feedstock supplies of Advanced Petrochemical Company have reached 100% of their normal levels on Thursday, 26 September.

On 18 September, the company said that its feedstock supplies shortage fell to 20% from 40% following terrorist attacks on Saudi Aramco’s oil facilities.

Advanced Petrochemical has evaluated the final effects and remarked that there is no financial impact on its financial position, according to a filing to the Saudi Stock Exchange (Tadawul) on Sunday.