Riyadh – Mubasher: National Industrialization Company (Tasnee) has completed the scheduled periodic maintenance for the ethylene and polyethylene plant, which is one of the joint ventures (JVs).
The project will reflect on the company’s consolidated results during the first half (H1) of 2026, but it cannot be determined at this stage, according to a bourse disclosure.
The plant is 60% owned by a subsidiary of Tasnee and the startup of commercial production.
In the first quarter (Q1) of 2026, the group shifted to net losses valued at SAR 341.30 million, compared to net profits of SAR 895.80 million in Q1-25.
