Addendum announcement from Sipchem regarding scheduled periodic maintenance turnaround for selected production units
Wednesday, July 17, 2019
Back to News List
ELEMENT LIST EXPLANATION
Date of posting the previous announcement on Tadawul’s website 2019-06-23 Corresponding to 1440-10-20
Change Details on development Sahara International Petrochemical Company (Sipchem) is pleased to announce the safe completion of the scheduled periodic turnaround maintenance activities for the Vinyl Acetate Monomer Plant of the International Vinyl Acetate Company (IVC), an affiliate of Sipchem. Startup activities for the (IVC) plant commenced on Wednesday July 17, 2019.

 

During the scheduled turnaround, the required maintenance works were safely completed, which will enhance the reliability of production and allow the IVC plant to achieve its future operational plans.

Financial Impact on the change The financial impact of this scheduled turnaround will be reflected in the company’s 2019 third quarter financial results.
Additional Information The company has taken all necessary precautions to avoid any potential impact on customers.

 

This announcement relates to the company’s earlier announcement published on the Tadawul website on June 23, 2019, regarding the scheduled periodic maintenance turnaround for selected production units.