ADDENDUM ANNOUNCEMENT FROM SIPCHEM REGARDING RESUMING OPERATIONS FOR VAM PLANT
Sunday, July 02, 2017
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With reference to Saudi International Petrochemical Company announcement on 31/05/2017, the company now announces that it has completed the scheduled Turnaround maintenance activities. Thus, operations at Vinyl Acetate Monomer Plant of the International Vinyl Acetate Company (IVC) today Sunday 02/07/2017.
The completed Turnaround maintenance activities included making repairs and undertaking general maintenance on the aforementioned plant. These activities will significantly enhance the plant efficiency, increase its reliability, and allow it to achieve its future operational plans.
The financial impact will be reflected in the results of the 2nd Quarter 2017 once calculated. Sipchem had taken all necessary precautions to ensure that there was no disruption to the supply of its products to its customers during the scheduled shutdown period.