Yanbu National Petrochemical Co. Announces an update on Yanbu National Petrochemical Company (YANSAB) announce the scheduled Turnaround for some company plants to conduct preventive maintenance
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 that the maintenance work for the ethylene glycol plant is still ongoing, due to the need for additional maintenance to repair some technical faults appeared during the maintenance work. 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
Maintenance work for the ethylene glycol plant is still ongoing, due to the need for additional maintenance work to repair some technical faults appeared during the maintenance work.
Event's Expected Completion Date
Maintenance work is expected to continue for an additional 3 days than what was announced previously on January 26, 2021
Reasons for Exceeding the Announced End Date
Due to the need for additional maintenance to repair some technical faults appeared during the maintenance work
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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