Riyadh – Mubasher: Saudi International Petrochemical (Sipchem) on Tuesday announced resuming operation at the plant of International Diol Co after finishing maintenance works.
Over the previous period, International Diol Co finished the scheduled periodic turnaround maintenance activities expected to improve the plant’s reliability and to achieve its future business, according to a statement to the Saudi Stock Exchange (Tadawul).
Sipchem further noted that the financial impact will appear in earnings statements of the first quarter of 2019.
Sipchems owns a 53.91% stake in International Diol Co.
