Tasnee Announces the Latest Developments Regarding the Ethylene Cracker Expansion Project
| Element List | Explanation |
|---|---|
| Introduction | National Industrialization Co. (“Tasnee”) announces the completion of construction works for the expansion project at the ethylene cracker plant of the Saudi Ethylene and Polyethylene Company (SEPC), which is one of the joint Venture of Tasnee Sahara Olefins Company (TSOC).
which owned by a subsidiary of National Industrialization Company by 60%, and the pilot production of the Project has commenced |
| Previous Announcement | National Industrialization Co. Announces Ethylene Cracker Expansion Project |
| Date of Previous Announcement on Saudi Exchange’s Website | 2023-12-24 Corresponding to 1445-06-11 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Completion of construction works and commencement of pilot production for the project |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The financial impact will be reflected in the financial results starting from the third quarter of 2026 |
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