Sahara International Petrochemical Co. Announces an update on TURNAROUND MAINTENANCE FOR ALWAHA PETROCHEMICAL COMPANY PLANT
Wednesday, April 01, 2020
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||Sahara International Petrochemical Company (Sipchem) is pleased to announce the safe completion of the scheduled periodic turnaround maintenance activities for the Propane Dehydrogenation (PDH) Unit, of Al WAHA Petrochemical Company Plant (a Sipchem affiliate). Startup activities for the PDH plant commences on Wednesday, April 01, 2020.
During the scheduled turnaround, the required maintenance works completed safely, which will enhance the reliability of the plant and allow it to achieve its future operational plans.
||TURNAROUND MAINTENANCE FOR ALWAHA PETROCHEMICAL COMPANY PLANT
|Date of Previous Announcement on Tadawul's Website
||2020-03-03 Corresponding to 1441-07-08
|Event's Expected Completion Date
|Reasons for Exceeding the Announced End Date
|Expenses Related to the Event, Whether They Changed or Not and Justification
||. The financial impact of this scheduled turnaround will be reflected in the company’s financial results of the first quarter of 2020. The company has announced that it has taken the necessary actions to eliminate any potential negative impact on its customers.
|Impact of the Delay on the Company's Financial Results
||The unplanned maintenance turnaround for the plant of Al-Waha Petrochemical Company was announced on March 3, 2020. Further to this, the company announced on March 22, 2020 that it would immediately carry out the 2020 planned periodic turnaround maintenance, aiming to enhance the reliability of the plant and allow for its future operational plans to be achieved.