Tasnee completes ethylene, polyethylene plants maintenance; operations begin today

20/06/2021 Argaam

Logo of Tasnee

National Industrialization Co. (Tasnee) will restart today, June 20, operations at the ethylene and polyethylene plants of its affiliate, Saudi Ethylene and Polyethylene Co., following the completion of the scheduled periodic maintenance, the firm said in a statement to Tadawul.

 

The maintenance was completed without any change in the previously announced financial impact – SAR 90 million based on the average prices, the statement said, adding that it will have a positive impact on the operations of the plants.

 

In April, Tasnee announced its plan to temporarily shutdown the ethylene and polyethylene plants of Saudi Ethylene and Polyethylene Co., for 27 days starting May 23, for periodic scheduled maintenance, Argaam reported.

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