Yanbu National Petrochemical Company (YANSAB) announce the scheduled Turnaround for some company plants to conduct preventive maintenance
| Element List | Explanation |
|---|---|
| Announcement Detail | Yanbu National Petrochemical Company (YANSAB) announces the scheduled shutdown for some company plants to carry out preventive maintenance according to industrial and technical standards for below :
1. Turnaround of Ethylene Glycol plant for a period of 21 days starting from 19/06/1442h (according to Umm Al-Qura calendar) corresponding to 01 February 2021.
2. Shutdown of Olefins plant for a period of 10 days starting from 23/06/1442h (according to Umm Al-Qura calendar) corresponding to 05 February 2021.
Noting that the expected financial impact of this preventive maintenance activities based on average prices is estimated at 90 million Saudi Riyals. The financial impact will appear during the first and second quarter of 2021. The company will reduce this financial impact by optimizing the available inventory. The Company will announce any significant future developments, if any, at the time. |
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