Yansab kick-starts commercial ops at ethylene glycol plant

17/01/2019 Argaam

 

Yanbu National Petrochemical Co. (Yansab) has launched commercial operations at its ethylene glycol plant after completing regular maintenance and plant expansions, the company said in a statement to Tadawul on Thursday.

 

The related financial impact amounting to SAR 64 million a year will be reflected on the company’s earnings as of Q1 2019.

 

In October, the petrochemical producer announced a 66-day shutdown of its ethylene glycol plant for scheduled maintenance and plant expansions starting Oct. 22, 2018, Argaam reported. 

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