Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) has announced that its project Saudi Chevron Phillips will start a planned periodic maintenance shutdown which will include the catalyst replacement.
The shutdown will start on 15 November and will last for 26 days, according to a bourse statement released on Thursday.
The financial impact of this shutdown will appear in SIIG’s financial results for the fourth quarter of 2019.
It is worth noting that the Tadawul-listed company is holding 50% of Saudi Chevron Phillips.