Alujain Corporation said on Tuesday that a technical malfunction at Natpet’s Propylene and Polypropylene Complex in Yanbu Industrial City will halt production and cost SAR 10.5 million.
Financial impact will be reflected in Q1-2016, it added.
Natpet is handling the issue, and is expected to resume production within 9 days, the company said in the statement.
Alujain currently owns a 57.4 percent stake in Natpet.
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