2170 · 08/08/2010 08:52:56 · Announcement #18960 · View on Saudi Exchange

Alujains Subsidiary NATPET Reaches Agreement with Insurance Companies for Delayed Start-up.

Alujain is pleased to announce that its subsidiary National Petrochemical Industrial Companies (NATPET) has reached an agreement with insurance companies whereby NATPET will be reimbursed an amount of SR 46, 500,000 towards its claim for the delayed start-up of its Polypropylene (PP) Complex in Yanbu Industrial City.

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