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Yanbu National Petrochemical Company (YANSAB) announce an update on the scheduled Turnaround for some company plants to conduct preventive maintenance

YANSAB 2290 -1.97% 37.25 -0.75
Element List Explanation
Introduction Concerning the announcement of Yanbu National Petrochemical Company (YANSAB) on Tadawul in 13/06/1442h (according to Umm Al-Qura calendar) corresponding to 26 January 2021, regarding the announced scheduled Turnaround for some of the company plants to conduct preventive maintenance, the Company would like to announce startup of Olefins Plants on 3 Rajab 1442H(according to Umm Al-Qura calendar) corresponding to 15 February 2021, noting that the maintenance work for the Ethylene Glycol plant is still ongoing and it is expected to be completed within the period previously announced on Tadawul website, The Company will announce any significant future developments, if any, at the time.
Previous Announcement Yanbu National Petrochemical Company (YANSAB) announce the scheduled Turnaround for some company plants to conduct preventive maintenance
Date of Previous Announcement on Tadawul's Website 2021-01-26 Corresponding to 1442-06-13
Percentage of fulfilled achievement Completion of preventive maintenance work for the Olefins plants
Event's Expected Completion Date Startup of Olefins Plants on 3 Rajab 1442H(according to Umm Al-Qura calendar) corresponding to 15 February 2021, noting that the maintenance work for the Ethylene Glycol plant is still ongoing and it is expected to be completed within the period previously announced on Tadawul website
The costs associated with the event, and if they have changed or not with indication of the reasons. There is no change in the financial impact, which was previously announced on January 26, 2021

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