Logo of Saudi Kayan Petrochemical Co.
Saudi Kayan Petrochemical Co. announced that a limited fire broke out on Sept. 13, in one of the operating units of the bisphenol plant.
Bisphenol is a raw material for the polycarbonate plant, the company said in a statement on Tadawul.
The blaze was brought under control immediately without any impact on the company’s other operational units. There were no human casualties, it stressed.
Saudi Kayan confirmed that it is currently working to determine the causes, evaluate the resulting effects, and determine the financial impact.
The statement affirmed that all of the company’s factories and facilities are subject to comprehensive insurance coverage, in accordance with the regulatory terms and conditions.
Any fundamental developments in this regard will be announced later, it noted.
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