Riyadh – Mubasher: National Petrochemical Company (Petrochem) has started the scheduled maintenance for the Saudi Polymers plant.
Thus, the plant will be shut for 60 days, according to a bourse filing released on Sunday.
Petrochem, which owns a 65% stake in Saudi Polymers Company, said that the financial impact cannot be determined during the shutdown period due to price fluctuations, and expected it to appear in the fourth quarter of 2016 and the first quarter of 2017.
